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Eurozone Economy Surges: Fastest Growth Since May 2023

11/6/2025

50 11 Full Breakdown

Summary

Story summary

In October 2025, the eurozone economy grew at its fastest pace since May 2023, driven by a rebound in the services sector.
The HCOB Eurozone Composite Purchasing Managers' Index (HCOB PMI) rose to 52.5, with Germany and Spain leading the expansion.
Germany posted a PMI of 53.9, a 29-month high.
France contracted with a PMI of 47.7, an eight-month low.
Inflation cooled for input costs while selling prices rose.

History

Historical Context

The eurozone's economic recovery began in 2017, following the 2008 financial crisis, with GDP growth reaching 2.4% as the European Central Bank injected over €2 trillion through quantitative easing. However, by October 2025, disparities emerged, with Germany and Spain showing growth while France faced contraction, underscoring ongoing economic fluctuations and the lasting impact of previous crises on fiscal policies across member states.

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Story summary

In October 2025, the eurozone economy grew at its fastest pace since May 2023, driven by a rebound in the services sector.
The HCOB Eurozone Composite Purchasing Managers' Index (HCOB PMI) rose to 52.5, with Germany and Spain leading the expansion.
Germany posted a PMI of 53.9, a 29-month high.
France contracted with a PMI of 47.7, an eight-month low.
Inflation cooled for input costs while selling prices rose.

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