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Eurozone Manufacturing Growth Weakest In Nearly 2 Years

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The eurozone manufacturing activity grew at the weakest pace in nearly two years in June on weaker production and new orders, final data from S&P Global showed Friday.

The manufacturing Purchasing Managers' Index fell to a 22-month low of 52.1 in June from 54.6 in May. The flash score was 52.0.

The headline figure dropped for the fifth consecutive month in June. However, a score above 50.0 indicates expansion.

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