Eurozone private sector shrinks for first time in five months

NAMPA / DPA

2025-05-22

Brussels (dpa-AFX) - The euro area private sector logged a renewed fall in May due to a sharp downturn in services activity, flash purchasing managers' survey compiled by S&P Global showed on Thursday. The flash HCOB composite output index fell to 49.5 in May from 50.4 in April. The score fell below the 50.0 no-change mark for the first time in five months. The reduction in output was centered on the services sector as manufacturing production ro......

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