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Eurozone Manufacturing Expands As Estimated In June

The euro area manufacturing sector expanded as initially estimated in June, final data from Markit showed Wednesday.

The Purchasing Managers' Index rose to 52.5 in June from 52.2 in May. The reading came in line with flash estimate published on June 23. It was the highest reading since April 2014.

Growth registered in all nations except Greece. June saw the Netherlands rise to the top of the PMI growth league table. Positive signs also came out of Germany, France and Austria.

Germany's final manufacturing PMI rose to 51.9 from a 3-month low of 51.1 in May. The reading matched the flash estimate. Operating conditions have now improved for seven months running.

At the same time, the PMI for France improved to 50.7 from 49.4 in May. It was above the flash score of 50.5. The latest reading was above the neutral 50.0 mark for the first time since April 2014.

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