The Eurozone private sector contracted for the first time since early 2021 as the manufacturing activity shrank on weak output and new orders, and the service sector growth almost stalled, flash survey results from S&P Global showed on Friday.
The flash composite output index fell to 49.4 in July from 52.0 in June. The reading was forecast to fall to 51.0.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Renju Jaya
For comments and feedback: contact editorial@rttnews.com