Economic Buzz: German manufacturing activity grows in October

The German manufacturing sector continued expanding in October and at a slightly faster pace than in September, S&P Global said in a report on Monday. The Manufacturing Purchasing Managers' Index (PMI) came in at 54.2 in October, up 0.3 points from the previous month. Output increased, as new orders grew. Expectations retreated from September's seven-month high to the lowest since July.

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