India, July 3 -- The euro area private sector stabilized in June after two months of moderate decline, final purchasing managers' survey results published by S&P Global showed Friday.
The composite output index registered 50.0 in June compared to 48.5 in May. The flash score was 49.5.
The stabilization reflects growth in manufacturing being offset by a further fall in services.
The final services PMI rose to 49.4 from 47.7 in the previous month. The score was initially estimated at 48.9. Still a score below 50.0 indicates contraction in the private sector.
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