Eurozone flash composite PMI climbs to 25-month high
Saturday, 07 25 2020, Category: Economy, Country: Egypt
Euro-zone flash purchasing managers indexes grew faster than forecast in July. The eurozone manufacturing PMI rose to 51.1 from 47.4 in June, and the services PMI rose to 55.1 from 48.3 in June, as the composite PMI of 54.8, a 25-month high, topped expectations of a 51.1 reading. Any reading above 50 indicates improving conditions.
Source: Market Watch