Story · Middle East
Eurozone business activity unexpectedly jumps to 5-month high
Eurozone business activity unexpectedly rose to a five-month high in July 2026, with the Purchasing Managers' Index (PMI) reaching 51.9, surpassing the 50 threshold that separates growth from contraction. The increase signals remarkable resilience in the 21-nation bloc's economy despite ongoing geopolitical tensions in the Middle East, which have stoked consumer-price growth and weighed on confidence. The data, reported by The Business Times on July 24, 2026, suggests a stronger-than-expected economic performance for the euro area.
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