Chris Williamson, chief business economist at S&P Global Market Intelligence, said eurozone services growth in September was the fastest since last November, with the PMI composite implying about 0.4% QoQ expansion and likely further growth into Q4. Germany and France returned to services expansion for the first time since March; Italy posted a fourth consecutive month of expansion and Spain its strongest growth in four months, with overall activity at a five‑year high. Survey input‑price inflat

2026-10-05

Chris Williamson, chief business economist at S&P Global Market Intelligence, said eurozone services growth in September was the fastest since last November, with the PMI composite implying about 0.4% QoQ expansion and likely further growth into Q4. Germany and France returned to services expansion for the first time since March; Italy posted a fourth consecutive month of expansion and Spain its strongest growth in four months, with overall activity at a five‑year high. Survey input‑price inflation rose to 4%, suggesting inflation is moving toward the ECB’s 2% target ceiling and increasing pressure for more aggressive ECB tightening.