Economics

Euro-Zone Business Stays Somber as ECB Plans for More Stimulus

  • Composite PMI climbs to 52.2 in June, above initial reading
  • ‘It would be wrong to get overly excited by the upturn’
Photographer: Christophe Morin/Bloomberg
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An improvement in the euro area’s private sector in June failed to allay concerns that the economy is still teetering on the edge of a downturn.