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Category Archives: Germany in recession 2013

Germany still in recession

The latest economic data out of Germany depicts a deepening recession. April’s preliminary (called a flash report) data shows: Manufacturing Output dropped to 47.9 – a 4-month low. The Manufacturing PMI dropped to 47.0 – 4-month low. The Services Activity index fell to 49.2 – a6-month low. The Composite Output index fell to 48.8 – a 6-month low. Germany may be one of the […] Read the rest of this entry »