Flash PMI shows muted eurozone business growth in June

London

EUROZONE business growth remained muted this month, suggesting the current quarter's economic performance won't match the strong pace set at the start of the year, a survey showed.

A surprising bounce in manufacturing activity was not enough to offset a marked slowdown in service industry growth, according to Markit's flash Purchasing Managers' Indices (PMI).

One of the first growth indicators in a month, the composite PMI fell to 52.8 from May's 53.1. A Reuters poll had predicted a more modest dip to 53.0. "June's fall in the eurozone composite PMI to a 17-month low seems to have been partly driven by strikes in France and may also refle…