Germany: Flash PMI Manufacturing falls to 47.9 in April

FXstreet.com (Barcelona) - Preliminary German PMI Manufacturing decreased to 47.9 points in April, from 49 points in March, according to data released today by Markit. This result is below market consensus of remaining at 49 points.

PMI Services fell back into contraction at 49.2 points in April, following a 50.9 point reading the previous month and against expectations of a rise to 51 points.