Euro area private sector expanded for the fifth straight month in May but the pace of growth moderated due to a steep decline in the factory output amid a widening divergence in demand growth for goods and services, flash results of the purchasing managers' survey by S&P Global showed on Tuesday.
The flash HCOB composite output index fell to a three-month low of 53.3 in May from 54.1 in April. The score was forecast to drop moderately to 53.7.
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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.