Euro area manufacturing sector remained in the contraction zone but deterioration in production and orders slowed, survey results from S&P Global showed on Friday.
The final HCOB manufacturing Purchasing Managers' Index posted 44.2 in November, up from 43.1 in October. This was the highest since May and above the flash estimate of 43.8.
Factory output continued to fall in November but the rate of decline was the softest since May. A slower drop in output coincided with a weaker contraction in new orders.
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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.