Purchasing managers' index for the manufacturing industry in the euro zone shows in July the highest level of activity since August last year.
A preliminary composite index for euro countries from S&P Global rose to 51.0 in July, up from 50.6 in June.
An index value below 50 indicates decreased activity.
A preliminary purchasing managers' index for the German manufacturing industry for July rose to 49.2, from 49.0 in June. The increase was however slightly less than the expected 49.5.
For the German service sector, it was a step up to 50.1, from 49.7, which was a little more than expected. But the composite index - where both sectors are included - fell marginally to 50.3 from 50.4. There, the average forecast was higher, at 50.7 according to Bloomberg.
The French economy is simultaneously easing on the brakes, but remains below the 50 line.
The composite index for the French economy in July rose to 49.6, up from 49.2 in June. The average forecast was 49.1.
This afternoon, a preliminary purchasing managers' index from the USA for July will also be presented.
A Swedish purchasing managers' index for the manufacturing industry in July will be published by Swedbank and the purchasing managers' organization Silf in just over a week.
