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Final PMI: Eurozone Private Sector Output Sees Sustained Growth in August

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The euro area's private sector growth held steady in August, with the increase in manufacturing business activity offset by a slightly weaker demand in the services sector, according to final data from S&P Global published Thursday.

The seasonally adjusted S&P Global Eurozone Composite PMI Output Index stood at 52 in August, unchanged from the previous month's eight-month high, against the flash estimate of 52.1.

Meanwhile, the services PMI came in at 51.6, compared with the prior and initial reading of 51.7.

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