The HCOB Eurozone Services PMI was reported at 50.5 in August 2025, a decrease from July’s four-month high of 51.0 and below the flash estimate of 50.7. This figure pointed to a slower, more marginal increase in output for the bloc's service sector, largely due to a stagnation in new orders. Despite the slowdown, there were signs of strength in the labor market, with the pace of job creation hitting its highest level since April. Furthermore, the reduction in backlogs was minimal and the weakest since May 2024. Inflationary pressures intensified, as input cost inflation climbed to a three-month high and output charges rose at their fastest pace since March. Finally, business confidence saw a slight decline, remaining below its long-term average.
作者：Joana Ferreira，文章来源tradingeconomics，版权归原作者所有，如有侵权请联系本人删除。
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