Mon, 02 May 2016 09:57:05 GMT
PMI shows marginal upward trend in Germany
The German PMI showed expansion in the industrial sector as it surged to 51.8 points, displaying a positive trend from the previous month when the measure showed 50.7 points. Although the indicator was 0.1 points short to meet investors' expectations, the sector shows a consistent upward trend, surpassing the 50 point mark for the 16th consecutive month.