Euro-Zone Manufacturing Prices Take A Slight Dip

ByBridge News Business activity in the euro zone's manufacturing sector dipped to an index reading of 59.2 in July from an unrevised 59.5 in June, according to sources with access to the latest survey of purchasing managers in the euro zone's manufacturing sector. While down on recent record highs, the index still remains well above the break-even 50-level. The survey's prices index also retreated slightly to 72.0 in July from an unrevised 72.7 in June, according to the sources. They relayed that the new orders index dipped to 60.2 in July from 60.5 in June and that the output index fell to 61.0 from 62.0. The employment index was said to slip to 55.3 from 55.6 and the delivery-times index was reported to be down at 35.7 from 36.1. Bucking the trend was the index of stocks of purchased goods, which was said to rise to 51.9 from 51.5.