Eurozone business activity flatlines again in June, PMI shows

ORTAKALAN

3 hours ago

The Eurozone economic activity flatlined for a second month in June, barely expanding as the bloc's dominant services industry showed only a minimal sign of improvement and manufacturing displayed none at all, a top survey showed

HCOB's preliminary composite eurozone Purchasing Managers' Index (PMI), compiled by S&P Global and seen as a good guide to growth, held steady this month at May's 50.2.

That was barely above the 50 mark separating growth from contraction and below expectations in a Reuters poll for 50.5.

"June’s flash PMI survey for the login or sign up to read the complete news...