Eurozone business activity growth slows in October as France's private sector contracts

Summary

Eurozone business activity kept growing in October but at a slower pace than in September, according to an S&P Global survey. Le Monde reported that the survey ranked the month among some of the best performances seen over the past three years, yet still below September, citing drops in France's service sector and inflationary pressures. Euronews reported that France's private sector contracted this month, dragging eurozone business activity growth to a four-month low amid political uncertainty and high energy costs.

Timeline

1. Le Monde

   23 Oct 2026, 09:38 UTCSource ↗

   Le Monde reports that an S&P Global survey showed eurozone business activity grew in October, but more slowly than in September, due to drops in France's service sector and inflationary pressures.

2. Euronews

   23 Oct 2026, 09:56 UTCSource ↗

   Euronews reports that France's private sector contracted in October, pushing eurozone business activity growth to a four-month low amid political uncertainty and high energy costs.