Germany HCOB Manufacturing PMI above forecasts (48.8) in August: Actual (49.9)

Germany HCOB Manufacturing PMI above forecasts (48.8) in August: Actual (49.9)
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German Preliminary Manufacturing PMI unexpectedly jumps to 49.9 in August vs. 48.8 expected

The German manufacturing sector contraction continued to ease in August while the services sector expansion faltered, the preliminary business activity report published by the HCOB survey showed on Thursday.
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