Eurozone PMI Hits 41-Month High Amid Growth and Inflation Concerns
Purchasing Managers' Index reaches highest level in over three years, with services sector showing strong expansion.
AI-assisted coverage comparison, editor-supervised · How this was made

FILE PHOTO: Eurozone business activity surged in September behind robust demand, driving Services PMI gains while renewed inflation fueled ECB rate-hike speculation.
Photograph: Times of India (embedded from source)
What this story says
- The Eurozone's composite Purchasing Managers' Index (PMI) increased to 53.1 in September, the highest level recorded in 41 months.
- The services sector PMI also saw a notable rise, moving from 51.6 to 53.0 in September.
- The S&P Global survey projects quarterly GDP growth for the Eurozone to be around 0.4%.
- Despite the positive growth figures, concerns about inflation persist.
Who covered it
Percentages are shares of the 7 outlets carrying a published leaning rating. 11 of the 18 outlets we know ran this story carry no rating and are not counted in them. Coverage measured .
Trust
42/100
Craft
61/100
Hype
41/100
18 sources · methodology
Thin on the left so far
None of the 7 outlets with a published leaning rating that ran this story are rated left.
This story is still being watched, so it is a count and not yet a finding. Coverage keeps arriving for hours after an event, and a side that has published nothing this morning may publish by tonight. If it is still true when we stop checking, we will say so plainly.
Business activity in the Eurozone accelerated in September, reaching its highest point in 41 months. The composite Purchasing Managers' Index (PMI) rose to 53.1, up from 52.0 in August, according to S&P Global data. This marks a significant expansion in the private sector. The services sector also contributed to this growth, with its PMI increasing from 51.6 to 53.0 in September, the strongest performance since November of the previous year.
The S&P Global survey suggests that this economic momentum could translate into quarterly GDP growth of approximately 0.4%. However, the reports also note that inflation concerns continue to be a factor influencing the economic outlook, even as business activity expands.
Disagreement on Services PMI Peak
While S&P Global data indicates the services PMI reached 53.0 in September, Action Forex reports this as the strongest reading since last November. Teleborsa.it, however, states the services sector growth was the highest since last November, implying a different peak month or level.
What the coverage left out
None of the left-rated reports mentioned the Eurozone's composite Purchasing Managers' Index (PMI) rising to 53.1 in September, its highest level in 41 months. The left-rated reports also did not mention the services PMI increasing from 51.6 to 53.0 in September, nor did they include the S&P Global survey's projection of quarterly GDP growth close to 0.4%.
Still developing. We have re-checked which outlets are covering this 5 times, most recently on 5 Oct 2026, 12:00, and will add the sides that appear.
How each side covered it
Our own reading of the reporting listed below, written from the outlets’ articles rather than quoted from them. The reasoning is set out on our methodology page.
Left
0 rated outlets
No outlet rated left has run this story so far. We are still checking, and will say plainly if that does not change.
Centre
3 rated outlets
- The centre-rated report from The Economic Times highlighted the Eurozone's business growth reaching a 3-1/2-year high in September, despite ongoing inflation worries. It noted the composite PMI figure and the increase in the services sector PMI. The report also mentioned that the data underpins European Central Bank rate hike bets.
Right
4 rated outlets
- Right-rated reports from The Times of India, Globo, and Business Times focused on the Eurozone's business growth hitting a 3-1/2-year high in September, driven by the PMI. These reports also acknowledged inflation worries as a counterpoint to the expansion. Globo specifically mentioned the composite PMI rising to 53.1 in September and reaching its highest level in almost three and a half years, while the services PMI advanced to 53.0. Business Times noted faster growth in new business for services firms.
Questions about this coverage
- How did the left and right cover Eurozone PMI Hits 41-Month High Amid Growth and Inflation Concerns?
- Of the 7 outlets on this story carrying a published leaning rating, 0% are rated left, 43% are rated centre, 57% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 18. The sections above set out what each side emphasised, in its own terms.
- Is Eurozone PMI Hits 41-Month High Amid Growth and Inflation Concerns left or right?
- Too few of the outlets on this story carry a published leaning rating to say. 7 of them do, and this site does not characterise a field under 12: at that size one newsroom filing moves the share by ten points. The percentages above are the count as it stands.
- Is the coverage of Eurozone PMI Hits 41-Month High Amid Growth and Inflation Concerns biased?
- Eurozone PMI Hits 41-Month High Amid Growth and Inflation Concerns is one event reported by 18 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.
- Which side is not reporting Eurozone PMI Hits 41-Month High Amid Growth and Inflation Concerns?
- When we first saw this story, outlets rated left had barely covered it. Coverage accretes for hours after an event, so that is where to look rather than a verdict — the split above is the current count, and it is the one to read.
- Which outlets covered Eurozone PMI Hits 41-Month High Amid Growth and Inflation Concerns?
- 18 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.
- What is the latest Eurozone Purchasing Managers' Index (PMI) figure?
- The composite Purchasing Managers' Index (PMI) for the Eurozone rose to 53.1 in September. This figure represents the highest level recorded in 41 months, indicating a significant expansion in business activity within the region.
- How did the services sector perform in September?
- The services sector showed strong growth in September, with its PMI increasing from 51.6 in August to 53.0. This marks the strongest performance for the services sector since November of the previous year, contributing to the overall economic expansion.
- What is the projected GDP growth for the Eurozone?
- Based on the S&P Global survey, the Eurozone is projected to experience quarterly GDP growth of approximately 0.4%. This projection aligns with the positive trends observed in business activity and the services sector during the third quarter.
Read it at the source
18 outlets, grouped by the leaning a published rating gives them. Every headline links to the original; an underlined outlet name opens our profile of that publisher.
Left
0No outlet in this group ran the story.
Centre
3- Euro zone business growth hits over three year high (opens RTÉ in a new tab)
- Eurozone business growth hits over 3-1/2-year high despite inflation worries, PMI shows (opens The Economic Times in a new tab)
The Economic Times — is The Economic Times biased? Our profile of this outlet
- Euro zone business growth hits over 3-1/2-year high despite ... (opens Reuters in a new tab)
Right
4- Private Sector Activity in the Euro Area Increases in September and Peaks in the Economic Journal (opens Sapo in a new tab)
- Eurozone Compound MIP Rises to 53.1 in September (opens Globo in a new tab)
- Eurozone business growth hits over 3-1/2-year high despite inflation worries, PMI shows (opens Times of India in a new tab)
Times of India — is Times of India biased? Our profile of this outlet
- Eurozone business growth hits over 3-1/2-year high despite inflation worries: PMI (opens Business Times in a new tab)
Business Times — is Business Times biased? Our profile of this outlet
Not rated
11- Private Sector Activity in the Euro Area Increases in September to Peak (opens Noticias ao Minuto in a new tab)
Noticias ao Minuto — is Noticias ao Minuto biased? Our profile of this outlet
- Eurozone Accelerates: MIP Reaches 41-Month Peaks and Anticipates More Growth (opens negocios.com in a new tab)
negocios.com — is negocios.com biased? Our profile of this outlet
- Business Activity in the Eurozone Is Accelerating, but the Euro Is Weakening (opens Biznis i Finansije in a new tab)
Biznis i Finansije — is Biznis i Finansije biased? Our profile of this outlet
- The Eurozone's Composite PMI Rose to Its Highest Level in 41 Months in September. (opens ekonomim.com in a new tab)
ekonomim.com — is ekonomim.com biased? Our profile of this outlet
- SMEs Eurozone, in September the Economy Has Increased the Growth of the Tertiary Sector Since Last November (opens teleborsa.it in a new tab)
teleborsa.it — is teleborsa.it biased? Our profile of this outlet
- Eurozone MIP Accelerates in September, Led by Spain, and Points to Growth of 0.4% (opens diarioestrategia.cl in a new tab)
diarioestrategia.cl — is diarioestrategia.cl biased? Our profile of this outlet
- Eurozone MIP Accelerates in September, Led by Spain, and Points to Growth of 0.4% (opens Forbes España in a new tab)
Forbes España — is Forbes España biased? Our profile of this outlet
- Eurozone PMI Hits 41-Month High as Growth Broadens and Price Pressures Reheat - ActionForex (opens Action Forex in a new tab)
Action Forex — is Action Forex biased? Our profile of this outlet
Show 3 more
- European PMI Figure Rose as Expected (opens Dagens industri in a new tab)
Dagens industri — is Dagens industri biased? Our profile of this outlet
- Eurozone Private Sector Grows at Fastest Pace in More than Three Years, Boosted by Services and AI Investment (opens Hospodárske Noviny in a new tab)
Hospodárske Noviny — is Hospodárske Noviny biased? Our profile of this outlet
- PMI in the Eurozone Increased to 53.1 Points in September (opens 1prime.ru in a new tab)
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