Euro Area Services PMI Revised Lower - TradingView

The S&P Global Eurozone Services PMI was revised lower to 51.4 in October 2026 from a preliminary of 51.7 and compared to 53 in September, signalling a slowdown in the services sector at the start of the fourth quarter. New business intakes dipped slightly, a notable deviation from the solid growth seen throughout each month of the third quarter. Outstanding order volumes declined for the eleventh time in the past 12 months. October data signalled a renewed drop in services employment, the first seen since May. Price pressures in the service sector eased slightly, with the rates of inflation for output charges and input costs ticking down for the first time since July.