Eurozone Services PMI Revised Slightly Higher

2025-12-03 09:13 By Judith Sib-at 1 min. read

The HCOB Eurozone Services PMI was revised slightly up to 53.6 in November 2025 from a preliminary estimate of 53.1, compared to 53 in October.

This was the sixth consecutive month of growth and the fastest pace since May 2023.

The faster increase in activity was supported by stronger sales growth, as demand improved for a fourth straight month and at the quickest rate in 18 months.

Still, service providers were able to clear backlogs of work, reversing October’s slight increase.

Employment continued to rise, extending its nearly five-year growth streak, although the rate of job creation eased from October’s 16-month high.

Moreover, business confidence improved slightly, with optimists still outnumbering pessimists.

However, expectations remained below their long-term average.

Regarding prices, cost pressures picked up slightly, although input price inflation was among the lowest over the past 12 months.

Output charges increased at the softest pace in over four-and-a-half years.



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