MARCH 4, 2026 AT 09:00 AM
EU HCOB Composite PMI Final (Feb) 51.9 vs. Exp. 51.9 (Prev. 51.9, Rev. From 51.3, Low. 51.7, High. 51.9)
Importance
Level 1
- “For the European Central Bank (ECB), these data are certainly one more reason why it is unlikely to plan any further interest rate cuts for the time being. Costs faced by the service sector rose at a high rate once again in February. Higher wages, but also rising energy and transport costs, are cited as reasons for this."