Eurozone July Manufacturing PMI Preliminary 49.6...Below Expectations
[Asia Economy Reporter Hyunju Lee] The Eurozone's Manufacturing Purchasing Managers' Index (PMI) for July recorded 49.6.
This fell short of the expected 51.0 and the previous 52.1.
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Generally, a PMI above 50 indicates economic expansion, while below 50 signifies contraction.
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