UK Composite PMI Contracts for Second Month, Eurozone Services PMI Shows Mildest Downturn

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-06
Category: finance
Source: Saxo Bank

The UK Composite PMI fell to 49.3 in June 2026 from 49.7, marking a second consecutive month of contraction and missing expectations. In contrast, the Eurozone Services PMI rose to 49.4 in June 2026 from 47.7, indicating the mildest downturn since the recent energy shock.

Want more?

Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.

Open NewsSnap.ai