Global Economic News

Eurozone Private Sector Downturn Slows Markedly

The euro area private sector contracted at a much slower pace in June as lockdowns related to coronavirus pandemic were further relaxed, provisional survey results published by IHS Markit showed Tuesday.

The flash composite output index advanced more-than-expected to 47.5 from 31.9 in May. The score was forecast to rise to 42.4.

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by RTTNews Staff Writer

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