Eurozone business activity returns to growth in July

Eurozone business activity returns to growth in July

FRANKFURT
Eurozone business activity returns to growth in July


Business activity in the eurozone returned to growth in July, a key survey showed on July 24, rising for the first time in four months.

The eurozone purchasing managers' index (PMI) published by S&P Global, an important gauge of the economy's overall health, registered a reading of 51.9 this month after a figure of 50 in June. A reading above 50 indicates growth while a figure below 50 signals contraction.