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| Abstract: | The eurozone economy continues to be characterised by a wide divergence between robust activity in services and a struggling manufacturing sector, the latter still reeling from the impact of several transitory shocks as well as a deterioration in the external environment. While the services PMI still showed robust growth in Q2, rising slightly from Q1, its manufacturing counterpart portrayed a sector still firmly in contraction territory, albeit with some signs that activity is stabilising. |
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