The euro area private sector recovery halted in October as the containment measures were reintroduced to combat the second wave of Covid-19 infections, final survey results from IHS Markit showed Wednesday.
The composite output index fell to 50.0 in October from 50.4 in September. The flash score was 49.4. A score above 50 indicates expansion, while a reading below 50 suggests contraction.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.