Euro Zone’s PMI decreased in July

Business activity in the 19-member euro zone eased in July, suggesting the recovery lost momentum at the start of the second half of the year, a survey released on Friday showed.

The Markit flash euro zone composite purchasing managers' index, which measures activity in manufacturing and services sectors, fell month on month to 53.7 in July, down from a four-year high of 54.2 in June. (MTI)