India, June 23 -- The euro area private sector expanded for the sixth straight month in June as sustained increases in manufacturing output coincided with a stabilization of services activity, flash purchasing managers' survey results from S&P Global showed on Monday.
The flash HCOB composite output index remained unchanged at 50.2 in June. The index posted above the 50.0 no change mark for the sixth consecutive month but the pace of growth was marginal.
Overall growth was again centered on the manufacturing sector, where production grew for the fourth month in a row. Meanwhile, services business activity stagnated in June.
The manufacturing Purchasing Managers' Index registered 49.4, unchanged from May. The score was forecast to rise to...