German private sector improves in April

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Source: RTT News
© Scanpix/FP
Private sector in Germany decreased in April, but the fall was at slower rate than economists originally expected, a data revealed by the Markit Economics unveiled on Monday. According to data the Purchasing Managers' Index declined from 50.6 in March to 49.2 in April, while the services PMI fell from 50.9 to 49.6 in the same month.

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Mon, 06 May 2013 15:56:04 GMT

Eurozone's private sector continues to decline in April

Private sector in the euro area continued to fall in April, but the pace of contraction was lower than preliminary estimated, the Markit Economics reported on Monday. The composite output index measuring performance of manufacturing and services increased from 46.5 recorded in March to a level of 46.9 in April, while the services business activity index climbed from 46.4 to

Mon, 06 May 2013 15:28:03 GMT

Eurozone's investor confidence rises less than forecast in May

Investor confidence in the 17-nation bloc increased in the month of May after it was falling in the previous two periods, a report released by the think-tank Sentix unveiled on Monday. According to the report the investor confidence index added 1.7 points, when it advanced from -17.3 recorded in April to -15.6 in May, however, it was expected to rise

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