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Eurozone Private Sector Stagnates In June

Por: RTTNews Business July 05, 2023

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Euro area private sector activity stalled in June amid the deepening downturn in manufacturing and the slowdown in services activity, final data from S&P Global showed on Wednesday. The final HCOB composite output index dropped more-than-estimated to 49.9 in June, as estimated, from 52.8 in May. The flash reading was 50.3. A score below 50.0 indicates contraction in the private sector. The survey highlighted the divergence between the... + full article



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