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Thursday, September 23, 2010

German manufacturing and services expansion ease lower than analyst's forecasts

Thursday, September 23, 2010
German manufacturing and services expansion ease lower than analyst's forecastsGerman PMI manufacturing and services showed an ease in expansion in September, according to the advanced reading which revealed that manufacturing slipped to 55.3 from the prior 58.2, while services slumped to 54.6 from 57.2. Analysts expected the manufacturing and service's expansion to ease to 57.6 and 57.2

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