Eurozone PMI Soars
The HCOB Eurozone Composite PMI rose to 51.1 in August of 2025 from 50.9 in the previous month, beating market expectations of a slowdown to 50.7 to mark the sharpest pace of expansion in the bloc's private sector output since May of the previous year, according to a flash estimate.
The growth was supported by a third straight expansion in the services sector (50.7 vs 51) and an unexpected rebound for manufacturers (50.5 vs 49.8), their first in over three years. New orders at the aggregate level increased for the first time in 14 months, despite a reduction in new export orders.
The signal of new capacity demand drove firms to increase their headcounts for the sixth straight month. On the price front, input cost inflation was at a five-month high, driving firms to increase their output charges the most in four months. Despite the stronger headline reading, business confidence eased for a second month amid concerns of tariffs from the US and economic headwinds in the Euro Area.
Source: Newsmaker.id
