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Eurozone Services Activity Lifts Private Sector Growth To 10-Month High

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Eurozone private sector logged the strongest growth in ten months in March underpinned by the robust expansion in services activity though the manufacturing sector remained stuck in the contraction zone.

The flash composite output index rose more-than-expected to 54.1 in March from 52.0 in February, survey results from S&P Global showed Friday. The expected score was 51.9.

Powered by the service sector, the private sector expanded for the third successive month in March. The survey added to signs that the economy is reviving after falling into decline late last year.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
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