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Eurozone business growth slows in July

Eurozone business growth slows in July
Germany’s PM recorded 55.3 (Photo Credit: Arabianeye-Reuters)

Mubasher: Eurozone business growth was at its weakest rate since the begining of 2015 in July, according to a statement released by Markit Economics.

Markit's flash composite Purchasing Managers' Index (PMI) fell to 52.9 in July from 53.1 in June, the lowest reading since January 2015.

Germany’s PM recorded 55.3 in July after a reading of 54.4 in June.