Euro zone manufacturing approached stability in July as PMI hits three-year high
LONDON (Reuters) -Euro zone manufacturing moved closer to stabilization in July as factory activity contracted at its slowest pace in three years, despite a dip in new orders and slower output growth, a survey showed. The HCOB Eurozone Manufacturing Purchasing Managers’ Index, compiled by S&P Global, edged up to 49.8 in July from 49.5 in …
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