In June, the composite index of purchasing managers (PMI) of 19 Eurozone countries increased after two months of decline and reached a 4 years maximum at 54.1 points, according to preliminary data research of Markit Economics group.
Analysts surveyed by Bloomberg, had expected a decline to 53.5 points from 53.6 points in May.
An index value above 50 indicates an increase in economic activity, below this level it is about a decline.
"The European economy is tolerating relatively well the opposition on Greek debt," - said Markit chief economist - Chris Williamson.
The composite PMI in Germany in June jumped from 52.6 points to 54 points, according to preliminary data of Markit. The index was better than the average forecast of experts polled by Bloomberg, which was at the level of 52.7 points.
The manufacturing PMI in Germany this month rose from 51.1 points to 51.9 points, the indicator of services got to 53 points from 54.2 points. Both figures were better than the expectations of experts.
In France, the composite PMI rose in June to the highest level since August 2011, getting to 53.4 points against 52 points in May, while the market was not expected changes. The index of the service sector rose from 52.8 to 54.1 points. The manufacturing PMI rose from 49.4 to 50.5 points, the first time since April 2014 it exceeded the limit of 50 points.
The index of business activity in the services sector of Eurozone increased in the preceding quarter, contrary to expectations. This is evidenced by industry statistics released on Tuesday. According to the report made by the research organization Markit, the index was 54.4 compared to 53.8 in the previous quarter. Experts expected a decline in the preceding quarter to 53.6.
Also, the index of business activity in the manufacturing sector of Eurozone has increased for the last month, exceeding the expectations. According to Markit report, the indicator was at 52.5, compared to 52.2 in the previous month, reaching the highest since April last year. Experts expected the index to maintain for the previous month at 52.2.
The consumer confidence index in Europe fell over the past month less than expected. This is evidenced by industry statistics released Monday. According to the report made by the European Commission, this figure amounted to -5.6 points, as well as in the previous month. The experts expected a decline over the past month to -5.8 points.