Eurozone manufacturing PMI index rises to 62.8 in July – Economy

The manufacturing PMI index of the Eurozone marks a slight rise in July to 62.8 from 62.6 in June, higher than the expectations of analysts who had expected it to remain stable. In Germany, the manufacturing PMI index rose to 65.9 (from 65.6 in June), while in France it dropped slightly to 58, from 58.1 in June and in Spain it dropped to 59 (from 60.4 in June). In Italy, the manufacturing PMI index fell to 60.3 points in July from 62.2 in June, slightly lower than expected.