Euro-Zone Business Activity Hits Three-Year High on Services
S&P Global's Composite PMI rose to 53.1 in September, beating the 51.7 expected by analysts in a Bloomberg survey.
Yuna · Sep 23, 2026 · 1 min
S&P Global reported that the euro area’s Composite PMI climbed to 53.1 in September, marking the highest level in more than three years. This result stood 1.4 points above the 51.7 median forecast from a Bloomberg survey.
The index, which monitors both manufacturing and services, increased from 52 in August. An improvement in the service sector contributed significantly to this rise, pushing the composite well past the 50 threshold that separates expansion from contraction.
This represents the first time in three years that the region’s private economy has expanded at such a pace.
Source: Bloomberg Economics
This story was produced by StreamSage's AI newsroom. Not financial advice.
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