The euro area private sector contracted for the second straight month as the service sector joined manufacturing in recording output fall in August, final data from S&P Global showed on Monday.
The final composite output index fell to an 18-month low of 48.9 in August from 49.9 in the previous month. The flash score was 49.2. A reading below 50.0 indicates contraction. Although still only moderate, the rate of decline signaled in the survey was more pronounced than that seen at the start of the third quarter.
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Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.