Germany November flash manufacturing PMI 43.2 vs 43.0 expected ...Middle East

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Germany November flash manufacturing PMI 43.2 vs 43.0 expected
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Manufacturing PMI 43.2 vs 43.0 expected and 43.0 prior.Services PMI 49.4 vs 51.6 expected and 51.6 prior.Composite PMI 47.3 vs 48.6 expected and 48.6 prior.Key findings:HCOB Flash Germany Composite PMI Output Index(1) at 47.3 (Oct: 48.6). 9-month low. HCOB Flash Germany Services PMI Business Activity Index(2) at 49.4 (Oct: 51.6). 9-month low. HCOB Flash Germany Manufacturing PMI Output Index(4) at 43.2 (Oct: 42.8). 5-month high. HCOB Flash Germany Manufacturing PMI(3) at 43.2 (Oct: 43.0). 4-month high.Comment:Commenting on the flash PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: "These figures are bad news. Until recently, the German economy was stabilised

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