The eurozone private sector activity rebounded at the fastest pace since last September, following January's slowdown, final survey results from IHS Markit showed on Thursday.
The composite output index rose to 55.5 in February from 52.3 in the previous month. The flash reading was 55.8.
Overall, the index signaled the strongest increase in combined manufacturing and services output since last September. By sector, rates of output growth were of equal strength at manufacturers and service providers. The services Purchasing Managers' Index came in at 55.5, up from 51.1 a month ago. The reading was revised from 55.8. Business activity accelerated to a pace commensurate with GDP growth in excess of 0.6 percent, buoyed by a relaxation of virus restrictions, Chris Williamson, chief business economist at IHS Markit said.
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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.