The euro area’s services sector accelerated in September, with the HCOB Eurozone Services Purchasing Managers’ Index (PMI) rising to 53.0 from 51.6 in August 2026. The latest reading, updated on 23 September 2026, signals a stronger expansion in activity across the region’s dominant services industry.
A PMI level above 50 indicates growth, and the move from 51.6 to 53.0 suggests a broadening and deepening of the recovery in services. The improvement points to increased business activity and potentially firmer demand conditions within the euro area’s service providers over the month.
The September uptick in the HCOB Eurozone Services PMI will be closely watched by investors and policymakers as a sign of the resilience of the region’s services economy heading into the final quarter of 2026.
