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Germany: PMI index, slowdown in economy growth

Ihs markit, decline due to manufacturing sector

21 September, 14:14
(ANSA) - ROME, SEPT. 21 - The PMI index that measures German economic activity fell in September to 55.3 from 55.6 in the previous month, figures worse than expected (55.4), Ihs Markit reported. According to London-based global information provider, decline is due to the manufacturing sector, which has weighed more than the recovery of the services sector. New orders record a slow growth, whereas expectations on future production are declining sharply. The euro area PMI index is expected to remain stable at 54.5. (ANSA).

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