Eurozone business activity unexpectedly accelerates in September
Reuters reports that eurozone business activity grew at its fastest rate in over three years in September 2026, but firms faced a steeper rise in operating costs.
TLDR
The Economic Times, citing S&P Global’s purchasing managers’ index (PMI), reports that the eurozone reading rose to 53.1 in September 2026 from 52 in August. A reading above 50 signals growth. Activity grew at its fastest pace since April 2023, with both services and manufacturing expanding. Reuters reports that the upturn defied expectations for a slowdown, even as firms faced a steeper rise in operating costs.
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