Mumbai, March 5 -- The eurozone economy stayed in expansion during February, although the rate of growth was unchanged from January and therefore only marginal overall.
Other data released as part of the HCOB PMI survey suggested the upturn was a fragile one, with demand conditions remaining unsupportive as new business volumes shrank further. Meanwhile, business confidence weakened slightly and workforce numbers declined for a seventh month in succession.
Inflationary pressures across the euro area picked up, with input costs rising at the sharpest pace in almost two years. Firms were subsequently more aggressive with their pricing, raising charges to the most marked extent since April 2024.
The seasonally adjusted HCOB Eurozone Composi...