AI Data Insight
The latest Eurozone Composite PMI jumped to 52.0, not only outperforming the previous value of 50.0 but also beating market estimates, showing strong resilience in economic momentum at the start of the third quarter. The services sector returned above the boom-or-bust line, working in tandem with manufacturing to drive new orders and output to their largest increases in several months. However, geopolitical and energy volatility still cast a shadow over the recovery.