German production sector expands at slower pace

Source: Investing.com
An increase in activity of the manufacturing sector in Germany slowed slightly in February of this year, pointing on possible instability of economic recovery in the region. The benchmark PMI Index fell to 54.7 points in February, still remaining higher than 50 points, which means an expansion. In January the index stood at 56.5 points and economists predicted a small decrease to 56.3.

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