The euro area private sector logged its slowest growth in January due to the weakening of growth in services activity, final data from S&P Global showed on Wednesday.
The final composite output index posted 51.3 in January, the lowest score since last September. The score remained below the initial estimate and the December's level of 51.5.
However, the score above 50.0 indicates that the sector expanded for the thirteenth successive month.
For comments and feedback contact: editorial@rttnews.com
Business News
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.