Global Finance News
21 Aug 2026, 10:55
Eurozone Manufacturing Accelerates as Services Remain in Expansion
Eurozone business activity remained positive in August, with manufacturing showing a notable improvement.
The HCOB Manufacturing PMI climbed to 52.8 from 51.9, beating the 51.8 forecast and signaling a stronger expansion in factory activity.
The Services PMI held at 51.7, slightly above expectations of 51.5 and remaining comfortably above the 50 expansion threshold.
Overall, the data point to resilient Eurozone activity, with the manufacturing recovery gaining momentum while services continue to expand at a steady pace.
Eurozone business activity remained positive in August, with manufacturing showing a notable improvement.
The HCOB Manufacturing PMI climbed to 52.8 from 51.9, beating the 51.8 forecast and signaling a stronger expansion in factory activity.
The Services PMI held at 51.7, slightly above expectations of 51.5 and remaining comfortably above the 50 expansion threshold.
Overall, the data point to resilient Eurozone activity, with the manufacturing recovery gaining momentum while services continue to expand at a steady pace.
