India, Aug. 5 -- Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday.
The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
The S&P Global survey showed that overall expansion was driven by services as goods production rose at a slightly slower pace than in June.
The HCOB services Purchasing Managers' Index ticked up to 51.0 in July from 50.5 in June. The score signaled the fastest growth since March but the reading was below the initial estimate of 51.2.
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