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Euro Zone PMI Hits 10-Month High Despite France's Decline

10/24/2025

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Summary

Story summary

The euro zone Composite Purchasing Managers’ Index (PMI) rose to 52.2 in October, the tenth consecutive month of expansion.
Germany’s services sector led the growth, while France’s PMI declined for the 14th month amid political turmoil.
Business confidence in the euro area fell to a five-month low.
The European Central Bank is likely to hold interest rates as inflation remains near the 2% target.

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Story summary

The euro zone Composite Purchasing Managers’ Index (PMI) rose to 52.2 in October, the tenth consecutive month of expansion.
Germany’s services sector led the growth, while France’s PMI declined for the 14th month amid political turmoil.
Business confidence in the euro area fell to a five-month low.
The European Central Bank is likely to hold interest rates as inflation remains near the 2% target.