Eurozone PMI Falls to 50.7, Costs Surge

Eurozone private sector PMI fell to 50.7 in March, its weakest expansion in nine months, below the 52.4 historical average.
Services Business Activity Index dropped to 50.2, the lowest in 10 months, while manufacturing output remained solid overall.
Input cost inflation surged to a three‑year high, with manufacturing input prices rising nearly 11 points month‑on‑month in March.
New business orders fell for first time since July 2025, private‑sector employment slipped, and Q1 GDP growth projected at only 0.2%.