Thu, 20 Sep 2012 10:58:12 GMT
German manufacturing extends decline in September
Germany's manufacturing sector fell further in September, however, posting the slowest rate of contraction in six month, Markit Economics said on Thursday. The seasonally adjusted manufacturing PMI advanced to 47.3, compared to 44.7 in August. Economists had forecast a reading of 45.2. Meanwhile, service PMI surged to 50.6 September, signing expansion, from 48.3 in previous month.