The Composite Purchasing Manager’s Index (PMI) of EU countries fell to 52.9 points in July compared to 53.1 points in June. According to preliminary data of Research company Markit Economics, the index reached the lowest level in 18 months. Index of business activity in the manufacturing sector in the EU fell from 52.8 points to 51.9 points in July and reached two-months low. PMI service sector fell from 52.8 points to 52.7 points that represents the lowest level in 18 months.
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