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German growth slows in September as factories shift into lower gear: PMI

from Reuters

German private sector growth slowed slightly more than expected in September, with a surprise surge in services activity not enough to offset a sharp slowdown in manufacturing, a survey showed last Friday. Markit's flash composite Purchasing Managers' Index, which tracks the manufacturing and services sectors that together account for more than two-thirds of the economy, fell to 55.3 from 55.6 the previous month. more


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