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Germany PMI composite rose to 46.6, contraction maybe shallower than first feared

Germany PMI Manufacturing improved from 45.1 o 46.7 in November. PMI Services dropped from 46.5 to 46.4. PMI Composite also recovered slightly from 45.1 to 46.4. Phil Smith, Economics Associate Director at S&P Global Market Intelligence said: “November’s flash PMI survey doesn’t alter the narrative that Germany is likely heading for a recession, but it […] The post Germany PMI composite rose to 46.6, contraction maybe shallower than first feared appeared first on Action Forex... Read More

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Germany

Composite

Rose

46 Contraction

Maybe

Shallower

Feared

Forex

Posted: Nov 23 2022, 08:35

Author Name: actionforex

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