Chart 19: Activity in the euro area weakened in the first half of 2026 https://www.bankofcanada.ca/?p=254445 Composite PMI Composite PMI 47.9 49.2 50.3 51.7 52.2 50.9 50.2 51.0 49.6 50.0 48.3 49.6 50.2 50.2 50.9 50.4 50.2 50.6 50.9 51.0 51.2 52.5 52.8 51.5 51.3 51.9 50.7 48.8 48.5 49.5