Markit Survey: The euro area’s economic performance rose moderately in July

According to the final data released on Wednesday, the composite Purchasing Managers ’Index (PMI) for the euro area, based on manufacturing and services data, rose 54.9 points from the 48.5 points in June. The final value exceeds the pre-forecasted data, when analyst-expected 54.8 points. It has not been as strong since June 2018. (MTI)