AI Data Insight
The final Eurozone Services PMI for June 2026 (Q2 2026) rebounded to 49.4 from the previous period's 47.7, not only beating market consensus but also recording the mildest pace of contraction recently. Benefiting from falling input cost pressures, companies have regained hiring momentum. The market expects this data to provide short-term support for the euro and slightly reduce the urgency for the European Central Bank to cut interest rates.