Eurozone & WSP Global

Eurozone: The eurozone's business activity returned to growth in July, ending a four-month stagnation, with the Composite PMI rising to 51.9. This suggests a potential recovery after a 0.2% contraction in Q1 2026, though risks from inflation and Middle East conflict persist.

WSP Global: WSP Global published the Flash Eurozone Composite PMI data, which showed a return to growth. The firm's chief business economist Chris Williamson commented on the revival, noting the volatile geopolitical environment.

Eurozone: The Eurozone is experiencing inflation above the European Union — European Central Bank's target, driven by increased energy costs due to the Iran war, and is facing mediocre economic growth.

WSP Global: WSP Global provides analysis on global fuel retail, explaining the dynamics of crude oil and gasoline prices in the context of the Strait of Hormuz constraint.

Eurozone: The Eurozone economy experienced a sharp weakening in its private sector expansion in March, with overall demand falling for the first time in eight months, largely due to the Middle East war.