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Germany’s Manufacturing PMI Weakened in April

Germany’s Manufacturing PMI Weakened in April

According to a report by Markit Economics, Germany’s final manufacturing PMI fell drastically in April compared to its record high of 63.3 in December 2017. It stood at 58.1 in April compared to 58.2 in March. The PMI figure met the preliminary market estimate of 58.1. April’s Germany manufacturing PMI figure was the lowest in nine months.