Euro-Area PMI Surveys Signal Economic Activity Is Accelerating

Euro-area manufacturing and services activity strengthened in July in a sign that a recovery in the 18-nation region is gathering pace. A Purchasing Managers Index for both industries jumped to 54 from 52.8 in June, matching a three-year high reached in April, London-based Markit Economics said …

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Euro-Area PMI Surveys Signal Economic Activity Is Accelerating