The HCOB Flash Eurozone composite purchasing managers' index (PMI) rebounded to 51.2 in August, up from 50.2 in July
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Business activity in the eurozone picked up again to hit a three-month high in August, although concerns remained over new orders and business sentiment, a key survey showed Thursday.
The HCOB Flash Eurozone composite purchasing managers' index (PMI) -- a key gauge of the overall health of the economy -- rebounded to 51.2 in August, up from 50.2 in July. Any reading above 50 indicates growth, while a figure below 50 shows contraction.
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