08:00 AM GMT, Euro Zone - PMI Data for April:
- HCOB Eurozone Manufacturing PMI: actual 48.7; forecast 47.4; previous 48.6;
- HCOB Eurozone Composite PMI: actual 50.1; forecast 50.3; previous 50.9;
- HCOB Eurozone Services PMI: actual 49.7; forecast 50.4; previous 51.0;
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appEurozone business activity stalled in April. Manufacturing unexpectedly improved, with output hitting a near three-year high despite new U.S. tariffs, thanks to lower input costs and better profit margins. However, new orders stayed weak, and companies remain cautious. The services sector dragged overall growth down, showing contraction for the first time in over a year. Rising costs and slower price increases are squeezing service providers’ margins. Germany and France followed the same trend: stronger manufacturing, weaker services. Fiscal spending and defence budgets may help in the coming months, but for now, growth is flat and uncertainty remains high.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
