Eurozone July PMI rebounds slightly to a four-month high but still cannot hide the economic growth slump.

Financial news app WisdomFinance learned that data released on Tuesday showed that although the Eurozone's commercial activity in July increased slightly from June, overall it remained sluggish. The HCOB Eurozone Composite PMI index compiled by S&P Global rose slightly from 50.6 in June to 50.9 in July, slightly below the market's expectation of 51.0. The index hit a four-month high in July but still remains below the long-term average of 52.4, reflecting the ongoing economic weakness in the Eurozone.