Eurozone economic growth accelerated in June

By: Trademagazin Date: 2025. 07. 03. 12:24

The eurozone’s economic performance accelerated in June, according to the final purchasing managers’ index (BMI) released by S&P Global Market Intelligence and Hamburg Commercial Bank AG.

The eurozone’s composite BMI, which includes both manufacturing and services, rose to a three-month high of 50.6 in June, up from 50.2 in May.

A BMI reading above 50 indicates growth in the economic activity under review, while a reading below 50 indicates contraction.

The eurozone’s services BMI rose to 50.5, a three-month high, from 49.7 in May, according to a statement on Thursday.

It was announced on Tuesday that the eurozone’s manufacturing BMI rose to 49.5 in June, up from 49.4 in May.

The composite index was highest in Ireland in June, at 52.8, a five-month low. Spain’s was the second highest last month, at 52.1, a two-month high. Italy’s composite BMI fell to a three-month low of 51.1, but rose to a three-month high of 50.4 in Germany.

The French composite index in June fell to a two-month low of 49.2.