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Germany’s Composite PMI rises to 46.2 points in September

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The HCOB Germany Composite PMI rose to 46.2 in September, up from the previous month’s 39-month low of 44.6 and above the market expectations of 44.8, a preliminary estimate showed.

Services activity meanwhile decreased only fractionally, with the rate of contraction having eased noticeably from the previous month

Manufacturing PMI meanwhile increased to 39.80 points in September from 39.10 points in August.

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