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Germany: PMI drops to five-month low in November

Due to tightening of COVID-19 restrictions

23 November, 17:37
(ANSA) - BELGRADE, 23 NOV - New lockdown measures to curb the spread of the virus led to an accelerated decline in services activity across Germany in November, IHS Markit said today.

The Flash Germany Composite Output Index fell to its lowest for five months in November. The Germany Manufacturing PMI reached 57.9 point (Oct: 58.2), a 2-month low. (ANSA).

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