Economic Buzz: Germany?s PMI hits 5-month high at 50.9

Germany?s flash composite PMI edged up to 50.9 in August from 50.6, marking the strongest reading since March. Manufacturing drove the uptick with output at 52.6 on rising new orders, while services stalled at 50.1. Despite the gain, employment slipped and cost pressures rose, keeping overall growth modest.

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