S&P Global's final composite PMI for the Eurozone stood at 52 in August, unchanged from July and representing the highest growth rate in eight months. ^[1] According to Eurostat's estimate, industrial producer prices in the Eurozone increased by 5.8% year-on-year in July. ^[2] Eurostat reported on Friday that Cyprus recorded an 8.6% annual increase in retail trade volume in July 2026, the strongest growth in the European Union. ^[3] The Swiss Federal Statistical Office reported on September 3 that Switzerland's annual inflation rate accelerated to 0.8% in August from 0.4% in July. ^[4] The S&P Global Eurozone Construction PMI Total Activity Index fell to 43.0 in August from 44.3 in July, marking the 52nd consecutive month of contraction. ^[5] Eurozone private sector export orders increased in August for the first time in about 4.5 years. ^[6] S&P Global's data showed that Eurozone private sector activity continued to grow in August. ^[7] The Eurozone services PMI declined to 51.6 in August from 51.7 in July, its lowest level in two months. ^[8] The same Eurostat estimate reported that the year-on-year increase accelerated from 4.6% in the previous month. ^[9] The euro area average for comparable household deposits was 2.03 per cent, meaning Cyprus rates remained well below the regional average. ^[10] Switzerland's economy grew 1.5% on an annual basis in the second quarter of 2026, five times higher than expected, driven by exports in the pharmaceutical and chemical industries. ^[11] The core inflation rate, which excludes volatile components like energy, also accelerated from 0.3% to 0.4%. ^[12]