Eurozone business activity rises for first time in four months amid renewed expansion of new orders | Metals Mine

  • Eurozone business activity rises for first time in four months amid renewed expansion of new orders

    From pmi.spglobal.com

    The eurozone private sector returned to growth in July, according to provisional PMI® survey data from S&P Global. Higher output reflected a renewed increase in new orders, with staffing levels also up accordingly. Meanwhile, inflationary pressures eased but remained pronounced. There was also a lessening of supply-chain disruption which helped manufacturers to expand their stocks of inputs for the first time in three-and-a-half years. Companies were more confident in the year-ahead outlook for business activity, but sentiment remained lower than before the outbreak of war in the Middle East. Output and demand The ... (full story)

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Polimini
3 hr ago
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all that military spending money is already producing results
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