The Zhitong Finance App learned that economic activity in the Eurozone rebounded in July, boosted by the recovery of the service sector and the strengthening of the manufacturing industry, but the uncertainty surrounding the geographical situation in the Middle East continues to cast a shadow over the Eurozone economic outlook. According to data released on Wednesday, the final SPGI composite PMI for the Eurozone in July was 52.0, higher than the previously announced initial value of 51.9, the highest level since November last year. It was also the first time since March that it was above the boom and dry line of 50.

The Zhitong Finance App learned that economic activity in the Eurozone rebounded in July, boosted by the recovery of the service sector and the strengthening of the manufacturing industry, but the uncertainty surrounding the geographical situation in the Middle East continues to cast a shadow over the Eurozone economic outlook. According to data released on Wednesday, the final SPGI composite PMI for the Eurozone in July was 52.0, higher than the previously announced initial value of 51.9, the highest level since November last year. It was also the first time since March that it was above the boom and dry line of 50.