India, March 5 -- Euro area private sector grew modestly in February as Germany, Spain and Italy expanded, but French activity hit the lowest in more than a year, final results of the purchasing managers' survey by S&P Global showed on Wednesday.
The HCOB final composite output index remained unchanged at 50.2 in February. The score also matched the flash estimate of 50.2.
As the index stayed above the neutral 50.0 mark, the figure signaled growth in the private sector.
The services Purchasing Managers Index decreased to a three-month low of 50.6 from 51.3 in January, indicating a loss of growth momentum.
"The Eurozone economy has barely grown for two months in a row now, as the mild growth in the services sector is almost fully eaten u...