India, July 3 -- The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The initial estimate showed that the score held steady at 50.2 in June.
Although the score signaled only marginal growth, it was the highest in three months.
The survey showed that higher output was recorded for the sixth consecutive month and employment increased for the fourth month in a row.
Further, the ongoing downturn in new orders showed signs of ending and the outlook hit the strongest in nearly a year.
On the price front, the survey...