German Manufacturing PMI rises in July

Source: WBP Online
© Scanpix/AFP
Data from Markit business survey revealed that Manufacturing PMI rose from 52.0 to 52.9, while Services PMI hit its highest value in thirty seven months, increasing from 54.6 to 56.6. Both indexes had been forecast shy of their actual values. These values were buoyed by low interest rates and CPI. 

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