FX.co ★ Eurozone March Services PMI Revised Higher

In March 2025, the HCOB Eurozone Services PMI experienced an uptick to 51.0, surpassing both the preliminary estimate of 50.4 and February’s figure of 50.6. This indicates a modest enhancement in production growth, despite a slight reduction in new business volumes. Employment continued on an upward trajectory, achieving its most robust pace of job creation since June 2024. On the pricing side, both input costs and output charges witnessed their slowest rate of increase in the past four months. Nonetheless, business optimism declined to its weakest since November 2024.