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A few highlights from the Markit PMI........>

GERMANY
GERMANY: A few highlights from the Markit PMI report for Aug, esp on that
below-consensus manufacturing figure (53.7 vs 55.5 median):
- 'manufacturing output growth eased to the weakest since April 2016, slipping
below that of services activity for the first time in almost two years'.
Backlogs rose at the weakest rate for over 1.5 years.
- 'After reaching the quickest for 7months in August, the rate of inflation in
average prices charged by German businesses softened slightly in
September..driven by a weaker increase in service sector output prices, with
manuf. output charges rising at an identical rate to that seen in August.'
- 'Input cost inflation...eased to its weakest since May...Cost pressures
nevertheless remained elevated by historical standards across both manufacturing
and services.'

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