LONDON - Euro zone business activity jumped to an eight-month high in July as a rebound in services joined a strengthening manufacturing sector, but the uncertain trajectory of the Middle East conflict continued to cloud the outlook, a survey showed.
The S&P Global Euro Zone Composite PMI - which combines services and manufacturing surveys - rose to 52.0 in July from the neutral mark in June, a tad above a preliminary estimate of 51.9. It was the first time in expansion territory since March.
