Eurozone economic activity continued to expand at a robust pace in April, with solid growth signalled in both the manufacturing and service sectors. However, growth has downshifted in recent months. The latest expansion of output was the slowest since January 2017.

The final IHS Markit Eurozone PMI Composite Output Index posted 55.1 in April, down from 55.2 in March and below the earlier flash estimate (also 55.2).