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<Econ> Germany Mar S&P Global Composite PMI Output Falls to 51.9
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S&P Global's Purchasing Managers' Index (PMI) survey showed that growth in Germany's private sector slowed to a three-month low. The Composite PMI Output Index fell from 53.2 in February to a three-month low of 51.9 in March. The slowdown in growth was entirely due to the services sector, while manufacturing output growth reached a 49-month high. The Services Business Activity Index stood at 50.9 in March, down from 53.5 in February, marking the lowest reading since growth resumed in September last year. The data indicated that the pace of expansion was only modest and remained below the long-run series average. (to/m) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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