International Economic
Eurozone economy stalls in July
By Michele Maatouk
Date: Monday 05 Aug 2024
(Sharecast News) - The eurozone economy stalled in July as demand for goods and services deteriorated, according to a survey released on Monday.
The HCOB composite PMI output index fell to a five-month low 50.2 from 50.9 in June. A reading above 50.0 indicates expansion, while a reading below signals contraction.
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