Euro Area Private Sector Activity Exceeds Forecasts in July

Euro area private sector beats forecasts in July

The euro area’s private sector improved far more than expected in July, with activity returning to pre-escalation levels after the conflict with Iran, even as the latest flare-up threatens to weigh on sentiment again. The composite purchasing managers’ index, compiled by S&P Global, rose to 51.9, moving back above the 50-point line that separates growth […]