Economics
German Manufacturing Growth Slowed in July as Exports Decline
This article is for subscribers only.
German manufacturing growth unexpectedly cooled in July as exports fell for the first time in six months.
Markit Economics said on Friday its factory index slipped to 51.5 from 51.9 in June, missing economists’ forecast for an unchanged reading. An export index fell below the key 50 level for the first time since January, indicating a contraction.