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Euro area July manufacturing expands

A manufacturing index based on a survey of purchasing managers rose to 50.1 from 48.8 in June

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Bloomberg
Euro area manufacturing unexpectedly expanded in July for the first time in two years, led by Germany, adding to signs the currency bloc's economy is emerging from a record-long recession.

A manufacturing index based on a survey of purchasing managers rose to 50.1 from 48.8 in June, Markit Economics said on Wednesday.

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First Published: Jul 24 2013 | 11:37 PM IST

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