Eurozone Services Activity Improves in World Economy News 05/03/2026 The HCOB Eurozone Services PMI inched higher to 51.9 in February of 2026 from 51.6 in the previous month, slightly ahead of the preliminary estimate of 51.8 and in line with the initial market expectations. New orders for companies in the sector improved at a faster pace, although strong demand was solely due to favorable domestic dynamics as export orders fell further, extending the streak that began in June of 2023. Likewise, service providers continued to clear backlogs to sustain output levels, although the pace of depletion slowed to its slowest in three months. In the meantime, firms continued their net hiring pace to stretch the current trend of job creation to five years. On the price front, input cost inflation was unchanged from the prior month’s 11-month high, but output charges slowed. Still, the pickup in orders was enough to carry an improvement in business confidence for the upcoming 12 months. Source: Trading Economics 2026-03-05 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share