Brexit Looms Over Europe as Growth, Inflation Remain Elusive

Updated on
  • Composite PMI falls to 52.8, driven by slowdown in services
  • Firms express concern about uncertainty ahead of Brexit vote

Companies across the 19-nation euro area are bracing for the outcome of a British referendum that remains too close to call.

Photographer: Krisztian Bocsi/Bloomberg

Growth in the euro area’s private sector slowed more than economists predicted in June, with firms expressing concerns about uncertainty ahead of the U.K.’s vote on its European Union membership.

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