Economic news

Eurozone PMI shows best performance in six years

IHS Markit's Flash Composite Purchasing Managers' Index dropped to 55.7 in June from the 56.8 it hit in April and May. The quarter of activity in the three months to June as a whole was the best PMI performance since 2011.

Manufacturing activity soared to 57.3 this month from 56.8 in May.

The eurozone economy grew at a 0.7 percent annual rate in the second quarter.

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