FX.co ★ Eurozone Private Sector Activity Growth at 7-Month High

The HCOB Eurozone Composite PMI rose to 50.9 in March 2025, exceeding both the preliminary forecast of 50.4 and the final reading of 50.2 from February. This marked the third straight month of expansion for the eurozone's private sector and represented the most robust growth since last August, although overall it remained modest. Significantly, goods production increased for the first time in two years, while activity in the services sector picked up pace compared to February. New business inflows remained mostly unchanged, but there was a slight rise in employment, marking the first increase since July 2024. On the pricing front, inflation for both input costs and output prices eased to their lowest levels in three months. Despite these developments, business optimism dipped to its weakest point since December.