Eurozone private sector growth improved in February due to a faster rise in demand for goods and services, final survey data from S&P Global showed Wednesday.
The HCOB final composite output index rose to a three-month high of 51.9 in February, in line with flash estimate, from 51.3 in the previous month.
The index has remained above the threshold 50.0 mark for 14 straight months, signaling growth in the private sector. There was a broad-based acceleration across manufacturing production and services output.
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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.