Buoyant German services compensate for contracting manufacturing - PMI
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BERLIN (Reuters) - Activity in Germany's services sector rose to a seven-month high in April, a survey showed on Thursday, adding to expectations that Europe's biggest economy will get impetus from its domestic market as falling exports hurt its manufacturers.IHS Markit's flash composite Purchasing Managers' Index (PMI) measuring activity in the services and manufacturing sectors that together account for more than two-thirds of the economy rebounded to 52.1.The bounce back was mainly driven by..