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2026.01.0609:15:49UTC+00Eurozone Private Sector Slows More than Initially Thought

The HCOB Flash Eurozone Composite PMI for December 2025 was adjusted downward to 51.5, compared to the earlier flash estimate of 51.9 and a decrease from the 30-month peak of 52.8 recorded in November. This recent data indicates a slowing of private sector activity, largely attributed to reduced growth in the services sector (PMI at 52.4, down from 53.6) and a persistent decline in manufacturing (PMI at 48.8, down from 49.6). The decline in demand for euro area goods and services presented a challenge in December, although there was a quicker reduction in backlogs and an increase in employment. Input costs hit a nine-month high, while the growth rate of output prices remained consistent with November's figures.

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