LONDON - Growth in euro zone business activity stalled this month as a tepid expansion in the bloc's dominant services industry failed to offset a deeper downturn among manufacturers, a survey showed on Wednesday.
Expectations about the coming year waned again, suggesting business managers do not expect an imminent turnaround. The composite future output index registered a six-month low of 60.0 compared to June's 60.8. Services firms faced a steeper increase in input costs this month but raised their prices charged at a shallower rate. The output prices index eased to 53.2 from 53.5.
The manufacturing PMI dipped to a seven-month low of 45.6 from June's 45.8. An index measuring output dropped to 45.3 from 46.1.
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