Mumbai, Feb. 4 -- The seasonally adjusted HCOB Eurozone Composite PMI Output Index signalled a thirteenth successive monthly increase in private sector output across the single currency bloc at the start of 2026. However, falling from 51.5 in December to 51.3 in January, the figure was again indicative of a weak rate of growth, and one that was also the slowest since last September. This weakening of growth was driven by the service sector, underlying data showed, more than nullifying a fresh expansion in manufacturing output.

The eurozone's private sector economy continued to expand at the beginning of 2026, in line with the trend seen in each month of last year. That said, the upturn slowed, as was also the case in December, signalling a...