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German private sector continues to grow strongly at start of 2018

Published 01/24/2018, 08:05 AM
© Reuters.  German private sector continues to grow strongly at start of 2018
EWG
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FGM
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EWGS
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DBGR
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DAX
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DXGE
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HEWG
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ZDEU
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GF
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  • Germany's composite output index edged down to 58.8 down from December 58.9 (highest in 61/2 years) reflecting the quickest growth in service PMI at 57.0, 82-month high offset by a slower but strong increase in goods production.
  • Private sector jobs registered fastest pace since early 2011 driven by both factories and services activity, with services seeing staffing levels rise to the greatest extent for ten months.
  • Source: Investing.com
  • ETFs: EWG, DAX, GF, DXGE, HEWG, DBGR, EWGS, FGM, QDEU, FLGR
  • Now read: The Bond Bull Market Is Over


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