The HCOB Eurozone Services PMI eased to 50.7 in August 2025 from a four-month high of 51 in July and broadly in line with market expectations of 50.8, flash estimates showed. The latest reading pointed to the third consecutive month of growth, although the pace of expansion moderated compared to the previous month. New orders increased slightly and companies continued to add staff. On the price front, inflationary pressures picked up in August, with both input costs and output prices increasing at faster rates than in July. Lastly, business confidence weakened for the second consecutive month.