Eurozone private sector growth improved unexpectedly in November after slipping to a six-month low in October, flash survey data from IHS Markit showed on Tuesday.
The composite output index rose to 55.8 in November from 54.2 in October. The reading was expected to fall to 53.2.
The stronger expansion in the private sector is unlikely to prevent the Eurozone from suffering slower growth in the fourth quarter, especially as rising virus cases look set to cause renewed disruptions to the economy in December, Chris Williamson, chief business economist at IHS Markit said.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.