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PMI: Euro zone business activity returned to modest growth in July | Malay Mail

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LONDON, Aug 5 — Euro zone business activity returned to modest growth in July as some curbs imposed to stop the spread of the coronavirus were lifted, but the rebound in the bloc’s dominant service industry was not as sharp as expected, a survey showed. More than 18 million people have been...

Wednesday, 05 Aug 2020 04:30 PM MYT

More than 18 million people have been diagnosed with the virus globally but amid signs the pandemic was being contained in much of Europe, governments have allowed more businesses to reopen. “Euro zone service sector business activity rebounded in July to grow at a rate not exceeded for over two years,” said Chris Williamson, chief business economist at IHS Markit.

 

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