In July, manufacturing activity within the Eurozone experienced a boost, with factory output reaching its quickest rate in nearly four and a half years. The S&P Global manufacturing PMI increased to 51.9 from 51.4 in June. A reading above 50 indicates expansion. Although the final figure was slightly below the initial estimate of 52.0, production picked up at the start of the third quarter. Nonetheless, demand signals revealed that the recovery remained uneven across the currency bloc.