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Activity in August was driven by demands in services but manufacturing slowed down. (Photo: europa.eu)

Eurozone activity high after Brexit

Economic activity in the eurozone reached a seven-month high in August and British industry was supported by exports, despite uncertainties following the British vote to leave the EU, according to reports published on Tuesday (23 August).


For the eurozone, the composite Purchasing Managers' Index (PMI), an indicator of activity in manufacturing and services, rose to 53.3 in August from 53.2 in July and 53.1 in June, when the UK referendum took place.

The index relies on analysis ...

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Activity in August was driven by demands in services but manufacturing slowed down. (Photo: europa.eu)

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