Germany PMI manufacturing dropped to 20-mth low, but services rose

<p>Germany PMI Manufacturing dropped from 56.9 to 54.1 in April, below expectation of 54.4. That’s also the lowest in 20 months. PMI Services rose from 56.1 to 57.9, above expectation of 55.5. That’s a 3-month high. PMI Composite dropped from 55.1 to 54.5 a 3-month low. Phil Smith, Economics Associate Director at S&P Global said: […]</p>
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