Flash German manufacturing PMI falls to 47.9 in April from 49 in March and vs consensus of 49;...

|By:, SA News Editor

Flash German manufacturing PMI falls to 47.9 in April from 49 in March and vs consensus of 49; manufacturing output 47.9 vs 50 in March; services 49.2 vs 50.9 in March and consensus of 51; composite output 48.8 vs 50.6 in March. "The latest figures suggest any rebound in GDP" in Q1 "could be rather short-lived," says Markit, with demand weakening  amid concerns about the economic outlook for southern Europe." (PR)