German manufacturing contraction eases in November
Share:
BERLIN (Reuters) - Germany's export-dependent manufacturing sector contracted at a slower pace for the second month in a row in November, a survey showed on Monday, as companies sounded optimistic about their future business.IHS Markit's Purchasing Managers' Index (PMI) for manufacturing, which accounts for about a fifth of the economy, rose slightly for the second consecutive month to a five-month high reading of 44.1.The figure was higher than a flash reading of 43.8 but remained below the..