--- title: "Eurozone Private Sector Shrinks For First Time Since 2024" type: "News" locale: "en" url: "https://longbridge.com/en/news/285368186.md" description: "Eurozone's private sector contracted for the first time in 18 months, influenced by the ongoing Middle East conflict, according to S&P Global's purchasing managers' survey. The composite output index dropped to 48.8 in April from 50.7 in March, slightly above the flash estimate of 48.6." datetime: "2026-05-06T11:34:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285368186.md) - [en](https://longbridge.com/en/news/285368186.md) - [zh-HK](https://longbridge.com/zh-HK/news/285368186.md) --- # Eurozone Private Sector Shrinks For First Time Since 2024 Add as your preferred news source on Google Add Now Euro area private sector contracted for the first time in nearly one-and-a--half years as the ongoing war in the Middle East acted as a drag on services activity, final results of the purchasing managers' survey by S&P Global showed on Wednesday. The composite output index fell to 48.8 in April from 50.7 in the previous month. The reading was moderately above the flash estimate of 48.6. This article is part of our premium content offering.Subscribe with a RTTNews subscription. Subscribe Now Already subscribed? Sign in For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [FEZ.US](https://longbridge.com/en/quote/FEZ.US.md) - [ESTX.AU](https://longbridge.com/en/quote/ESTX.AU.md) - [L5EW.UK](https://longbridge.com/en/quote/L5EW.UK.md) - [EZU.US](https://longbridge.com/en/quote/EZU.US.md) - [SPGI.US](https://longbridge.com/en/quote/SPGI.US.md) ## Related News & Research - [Eurozone April final manufacturing PMI 52.2 vs 52.2 prelim](https://longbridge.com/en/news/285042537.md) - [Should you buy the dip in Peloton stock?](https://longbridge.com/en/news/286656768.md) - [Plex is tripling the price of a lifetime pass to $750 after doubling it last year](https://longbridge.com/en/news/286975868.md) - [U.S. Crude Oil Inventories Plunge Much More Than Expected](https://longbridge.com/en/news/287085298.md) - [Don't trust GPT for stock advice, this $55 lifetime tool actually knows what it's doing](https://longbridge.com/en/news/287030279.md)