S&P Global's flash Composite Purchasing Managers' Index , seen as a good guide to overall economic health, fell to 49.2 in August from 49.9 in July.A reading below 50 indicates a contraction and August's preliminary estimate was the lowest since February 2021.
A PMI covering the bloc's dominant services industry fell to 50.2 from 51.2, only just above breakeven and below the 50.5 predicted in the Reuters poll.