Eurozone Economy Shows Signs of Renewed Growth in July Amid Cooling Inflation Pressures
The eurozone economy is showing signs of renewed growth in July, according to provisional PMI survey data from S&P Global.
The headline S&P Global Flash Eurozone Composite PMI Output Index rose to 51.9 in July, up from 50.0 in June.
This increase indicates a welcome revival of economic activity in the region, but inflationary pressures are still a concern.