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S&P: Fewer European Sectors Report Output Growth in October

MT Newswires·11/04/2026 10:33:08
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10:33 AM EST, 11/04/2026 (MT Newswires) -- Thirteen of 19 monitored sectors in Europe recorded an expansion in output levels in October, down from 16 in September, S&P Global data showed Wednesday. According to the Europe Sector PMI, software and services reported the fastest growth in October, overtaking technology equipment, which fell to the third spot. Automobiles and auto parts accelerated to second in the growth rankings after recording the strongest rise in output since June 2021. On the flip side, forestry and paper products registered the steepest drop in output for the month.