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, above the 50 threshold that separates growth from contraction. The 21-nation bloc's economy is showing remarkable resilience to events in the Middle East, which have stoked consumer-price growth and weighed on confidence. The data, published by The Business Times on July 24, 2026, suggests a stronger-than-expected economic performance despite ongoing geopolitical uncertainties.
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