The euro area private sector growth eased to a ten-month low in March amid a reduction in new orders, and input cost inflation reached the strongest in over three years following the outbreak of war in the Middle East, data published by S&P Global showed Tuesday.
The flash composite output index posted 50.5 in March, down from 51.9 in February. The score fell below forecast of 51.0.
Although the index remained above the neutral 50.0 mark for the fifteenth straight month, it signalled the weakest expansion in ten months.
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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.