Euro zone business activity contracted in April as costs rocketed, PMI shows

Business activity in the euro zone suffered a surprise contraction in April with the U.S.-Israeli war with Iran sapping demand as prices soared, a closely ​watched survey showed on Thursday.

Apr 23, 2026 - 13:00
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Euro zone business activity contracted in April as costs rocketed, PMI shows
Business activity in the euro zone suffered a surprise contraction in April with the U.S.-Israeli war with Iran sapping demand as prices soared, a closely ​watched survey showed on Thursday.

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