The euro area private sector economy expanded at the fastest pace in almost a year in April solely reflecting the growth in services activity, final data from S&P Global showed Thursday.
The HCOB final composite output index improved to 54.1 in April from 53.7 in March. The score has remained above the crucial 50.0 level for the fourth straight month. However, the reading was below the flash estimate of 54.4.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.