Eurozone private sector growth improved unexpectedly in November after slipping to a six-month low in October, flash survey data from IHS Markit showed on Tuesday.
The composite output index rose to 55.8 in November from 54.2 in October. The reading was expected to fall to 53.2.
The stronger expansion in the private sector is unlikely to prevent the Eurozone from suffering slower growth in the fourth quarter, especially as rising virus cases look set to cause renewed disruptions to the economy in December, Chris Williamson, chief business economist at IHS Markit said.
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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.