The euro area manufacturing activity registered a broad stabilization in July as output continued to increase despite a fresh fall in new orders, purchasing managers' survey compiled by S&P Global showed on Friday.
The HCOB final manufacturing Purchasing Managers' Index rose to a three-year high of 49.8 in July from 49.5 in June. The score matched the flash estimate.
That said, the score suggested a near-stabilization of operating conditions across the manufacturing sector.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.