Flash German Manufacturing PMI rises to an 11-month high of 48.8 in January from 46 in December;...

|By:, SA News Editor

Flash German Manufacturing PMI rises to an 11-month high of 48.8 in January from 46 in December; manufacturing output 50.4 vs 47.1; services hits 19-month peak of 55.3 vs 52; composite output 53.6 vs 50.3. "Germany's private sector has kicked back into gear in January, as output rose at a pace that would deliver a swift recovery in GDP from the ground lost during (Q1)," says Markit. (PR)