Eurozone private sector grew the most in seven months in April as the relaxation of pandemic-related restrictions revived services demand offsetting the impact of the slowdown in the manufacturing sector, a closely watched survey showed on Friday.
The flash S&P Global composite output index unexpectedly rose to a seven-month high of 55.8 in April from 54.9 in the previous month. The score was forecast to fall to 53.9.
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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.