Eurozone business activity grew the most in nine months in February, thanks to the improvement in the services activity and the return of manufacturing output to the growth territory amid fading supply-side problems, the purchasing managers' survey by S&P Global showed Tuesday.
The flash composite output index rose more-than-expected to 52.3 in February from 50.3 in the previous month. The expected reading was 50.6.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.