Economic Buzz: Eurozone business activity improves in July

Private sector activity continued to improve in July, with the Composite Purchasing Managers' Index (PMI) reaching 52, rising by 2 points from June's reading and hitting an eight-month high, S&P Global said in its final report on Wednesday.

Meanwhile, the Services PMI Business Activity Index entered expansion territory in July. It landed at 51.7, growing by 2.3 points from June and reaching a five-month high. The report showed that new orders and output rose at the strongest rates since November 2025.

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