The first half of 2025 ended with the Eurozone private sector ekeing out growth of output, according to provisional PMI® survey data for June. Sustained increases in manufacturing production coincided with a stabilisation of services business activity. New orders decreased again, but at the slowest pace in over a year, while business confidence improved to the strongest since the start of 2025. In line with the picture for output, firms increased their staffing levels marginally. Meanwhile, the pace of input cost inflation continued to ease, but output prices rose at a faster pace than in May. Output and demand The ... (full story)