AI Data Insight
The final Eurozone Composite PMI for the second quarter (April) of 2026 dropped to 48.8, not only below the previous reading of 50.7 and market expectations of 50.2, but also hitting a 17-month low and falling below the boom-bust line. This downturn was primarily dragged down by a contraction in the services sector. Meanwhile, the Middle East conflict has driven up energy costs, forcing the region to face the dual challenges of economic slowdown and resurgent inflation.