Inflation in Germany in April remained unchanged at 2.2% per annum. The German Composite PMI returned to the growth threshold of >50 in April for the first time in 10 months, encouraging the services sector to gain.The rise to 50.5 from 47.7 in March indicates a moderate pace of private sector expansion.The services PMI recorded its strongest growth since June 2023 (index 53.3).The manufacturing PMI remained in sub-50 territory at 42.2.
Chinese Economy CoolsChina Manufacturing PMI fell from 50.8 to 50.4 (expected 50.3)China Non-Manufacturing PMI fell from 53.0 to 51.2 (expected...
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