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EZ output continues to rise in January and business confidence strengthens
Provisional PMI® survey data pointed to ongoing output growth in the eurozone’s private sector in the opening month of 2026. Business activity increased on the back of higher new orders, while optimism in the outlook hit a 20-month high. On a less positive note, companies reduced their staffing levels for the first time in four months amid marked job cuts in Germany. Meanwhile, rates of inflation of both input costs and output prices were faster than seen in December. In particular, selling price inflation was the strongest since April 2024. Output and demand The seasonally adjusted HCOB Flash Eurozone Composite ... (full story)