Euro Area: Markit Composite Total Export Values PMI: Final

Macro

2026-07-03

Description

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Published by
Markit (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The final Eurozone Composite PMI for Q2 2026 (June) rose to 50.0, not only higher than the previous value of 48.5 but also outperforming the market expectation of 49.5. The slowing contraction in the services sector and a significant cooling of inflation pressures were the main drivers behind this data rebound. Looking ahead, the alleviation of cost pressures is expected to reduce the probability of further interest rate hikes by the European Central Bank (ECB), providing support for economic recovery in the second half of the year.

AI Data Insight

The final Eurozone Composite PMI for Q2 2026 (June) rose to 50.0, not only higher than the previous value of 48.5 but also outperforming the market expectation of 49.5. The slowing contraction in the services sector and a significant cooling of inflation pressures were the main drivers behind this data rebound. Looking ahead, the alleviation of cost pressures is expected to reduce the probability of further interest rate hikes by the European Central Bank (ECB), providing support for economic recovery in the second half of the year.

Description

-

Published by
Markit (Choice)
Frequency
Monthly
Next Update