Germany PMI composite rose to 47.1, milder recession but inflation remains high

<p><img width="552" height="311" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-germany1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>Germany’s November PMI data indicates a modest improvement in its economic situation, albeit still within recessionary bounds. Manufacturing PMI rose from 40.8 to 42.3, marking a six-month high, and Services PMI increased from 48.2 to 48.7. Composite PMI, climbed from 45.9 to a four-month high of 47.1. Cyrus de la Rubia, Chief Economist at Hamburg […]</p>
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