French and German PMI data

Tuesday, 19 April 2011 01:08

Manufacturing and services PMI results were released this morning with the French private sector expanding at the fastest rate since September 2000. Composite Output Index rose to 62.4 from 59.1 in March making a 10+ year high. Services Activity Index rose from March’s 60.4 to 63.4, another 10+ year high. PMI Manufacturing rose to a 4-month high to 56.9. Manufacturing Output Index reached 60.0, making 13-month high.

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