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Eurozone growth stays weak

05:40

Eurozone growth stays weak
Source: Adobe Stock

The eurozone economy barely advanced in August, with a rebound in industry offsetting slower services activity. According to S&P Global, the HCOB Eurozone Composite PMI inched up to 51.0 from 50.9 in July, its highest in 12 months but still signaling only modest expansion.

New orders rose for the first time since May 2024, driven by stronger domestic…

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