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Euronews
Euronews
Piero Cingari

Eurozone growth surprises in July: Is the worst really over?

Euro eurozone European Union United States Inflation ECB the European Central Bank

Economic activity in the eurozone rose more than expected in July, signalling a stronger start to the third quarter and easing concerns that trade tensions would drag on the region’s recovery.

The Flash Composite Purchasing Managers’ Index (PMI) – a closely watched gauge of business conditions – rose from 50.6 to 51.0 in July, hitting its highest level since August 2024 and topping market expectations of 50.8.

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