Mumbai, July 1 -- The eurozone manufacturing sector remained in expansion territory, supported by higher production and a modest improvement in demand, although supply chain disruptions and elevated cost pressures continued to weigh on businesses.
The S&P Global Eurozone Manufacturing PMI eased to 51.4 from 51.6 but remained above the 50.0 threshold, signalling continued expansion in manufacturing activity.
Production strengthened, while new orders returned to growth after stagnating in the previous survey period. Export demand, however, remained weak. Among the major eurozone economies, only Spain and France recorded a decline in manufacturing output.
Supply chain conditions remained strained, although supplier delivery performance impr...