ECONOMICS COMMENTARY
Aug 05, 2013
Eurozone economy stabilises
July marked a tentative return to expansion for the eurozone economy, as manufacturing output posted a solid expansion and the trend in services activity moved close to stabilisation. At 50.5 in July, the final Markit Eurozone PMI Composite Output Index rose to a near two-year high and posted above the neutral 50.0 mark for the first time since January 2012.
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