The euro area manufacturing sector continued to expand in July despite deep contraction in Greece, final data from Markit Economics showed Monday.
The manufacturing Purchasing Managers' Index came in at 52.4 in July, slightly above the flash estimate of 52.2, but down from June's 14-month high of 52.5.
The PMI has remained in expansion territory since July 2013.
Chris Williamson, chief economist at Markit, said, "The eurozone manufacturing economy showed encouraging resilience in the face of the Greek debt crisis in July."
"The PMI held close to its June level, which had been the highest for over a year, coming in ahead of the earlier flash estimate largely on the back of stronger than previously recorded growth in Germany," he said.
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