FOREX TradingCharts.com

Financial News: Germany Private Sector Contracts At Slower Pace In

Germany Private Sector Contracts At Slower Pace In November

11/22/2019 - 03:56:00 (RTTNews)

(RTTNews) - Germany's private sector continues to shrink in November but the pace of fall moderated from October, flash survey results from IHS Markit showed Friday.

The composite output index rose to 49.2 in November from 48.9 in the previous month. A score below 50 indicates contraction and the reading was slightly below forecast of 49.3.

Manufacturing remained the main area of weakness in November. The factory Purchasing Managers' Index rose to a five-month high of 43.8 from 42.1 in October.

Meanwhile, growth of services business activity remained subdued. Services output grew at the weakest pace since September 2016.

The services PMI fell to a 38-month low of 51.3 from 51.6 in the previous month. The expected score was 52.0.

Beneath the subdued headline numbers the data show another slight convergence between the more domestically-focussed service sector and export-led manufacturing, Phil Smith, principal economist at IHS Markit said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Wholesale Inventories Inch Up Less Than Expected In October (04 hr(s), 06 min(s), 25 sec(s) ago)
(RTTNews) - Wholesale inventories in the U.S. crept up by slightly less than expected in the month ...Full Story»

U.S. Consumer Sentiment Climbs To Seven-Month High In December (04 hr(s), 12 min(s), 25 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed a much bigger ...Full Story»

Malta Economic Growth Slows In Q3 (05 hr(s), 28 min(s), 25 sec(s) ago)
(RTTNews) - Malta's economic growth slowed further in the third quarter, preliminary data from ...Full Story»

U.S. Employment Soars Amid Return Of Striking GM Workers (05 hr(s), 46 min(s), 25 sec(s) ago)
(RTTNews) - Job growth in the U.S. showed a substantial acceleration in the month of November, acc ...Full Story»

U.S. Employment Jumps Much More Than Expected In November (06 hr(s), 26 min(s), 25 sec(s) ago)
(RTTNews) - Job growth in the U.S. showed a substantial acceleration in the month of November, acc ...Full Story»

France Trade Gap Narrows In October (07 hr(s), 14 min(s), 25 sec(s) ago)
(RTTNews) - France's trade deficit widened in October to its lowest level in five months, figu ...Full Story»

Germany Industrial Production Declines Most In 6 Months (08 hr(s), 24 min(s), 25 sec(s) ago)
(RTTNews) - Germany's industrial production declined at the fastest pace in six months in Octo ...Full Story»

Italy's Leading Indicators Signal Subdued Economic Activity: Istat (08 hr(s), 28 min(s), 25 sec(s) ago)
(RTTNews) - Italy's leading indicator continued to signal subdued economic activity in months ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Wholesale Inventories Inch Up Less Than Expected In October

12/06/2019 - 10:59 AM (RTTNews)
(RTTNews) - Wholesale inventories in the U.S. crept up by slightly less than expected in the month ...Full Story>>

U.S. Consumer Sentiment Climbs To Seven-Month High In December

12/06/2019 - 10:53 AM (RTTNews)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed a much bigger ...Full Story>>

Malta Economic Growth Slows In Q3

12/06/2019 - 09:37 AM (RTTNews)
(RTTNews) - Malta's economic growth slowed further in the third quarter, preliminary data from ...Full Story>>

U.S. Employment Soars Amid Return Of Striking GM Workers

12/06/2019 - 09:19 AM (RTTNews)
(RTTNews) - Job growth in the U.S. showed a substantial acceleration in the month of November, acc ...Full Story>>

U.S. Employment Jumps Much More Than Expected In November

12/06/2019 - 08:39 AM (RTTNews)
(RTTNews) - Job growth in the U.S. showed a substantial acceleration in the month of November, acc ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.