Eurozone July Manufacturing PMI 51.8... 0.7P Increase from Previous Month
[Asia Economy Reporter Ki-min Lee] According to Bloomberg on the 3rd (local time), the final Manufacturing Purchasing Managers' Index (PMI) for July in the Eurozone (19 countries using the euro) recorded 51.8. This exceeds the June Eurozone PMI final figure and expert forecast of 51.1 by 0.7 points.
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Generally, a PMI above 50 indicates economic expansion, while below 50 signifies contraction.
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