AI Data Insight
The preliminary Markit Services PMI for the Eurozone in August 2026 (Q3) stood at 51.7, slightly up from the previous 51.6 and beating the market consensus of 51.5. Robust tourism spending drove expansions in both employment and new export orders, offsetting some cost pressures. Although short-term expansion momentum remains intact, business confidence for the year ahead has declined, posing challenges for medium- to long-term growth.