Investing.com - Euro zone private sector activity eased but remained solid in February, according to survey data released on Wednesday.
The preliminary reading of the Markit services purchasing managers’ index came in at 56.7 this month from 58.0 in January.
Economists had forecast a reading of 57.7.
The manufacturing PMI ticked down to 58.5, compared to expectations for 59.2 and from 59.6 a month earlier.
The composite output index, which measures the combined output of both the manufacturing and service sectors slowed to 57.5 from 58.8, against expectations for 58.5.
A reading above 50.0 on the index indicates industry expansion, below indicates contraction.