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Economy And The Numbers

German Private Sector Growth At 5-Month High

By Renju Jaya   ✉   | Published:   | Follow Us On Google News

Germany's private sector grew the most in five months in August driven by the upturn in manufacturing output, purchasing managers' survey data from S&P Global showed on Thursday.

The flash HCOB composite output index posted 50.9 in August, up from 50.6 in July. This was the highest score since March and was also above forecast of 50.2.

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