Germany November flash manufacturing PMI 43.2 vs 43.0 expected ...Middle East

Manufacturing PMI 43.2 vs 43.0 expected and 43.0 prior.Services PMI 49.4 vs 51.6 expected and 51.6 prior.Composite PMI 47.3 vs 48.6 expected and 48.6 prior.Key findings:HCOB Flash Germany Composite PMI Output Index(1) at 47.3 (Oct: 48.6). 9-month low. HCOB Flash Germany Services PMI Business Activity Index(2) at 49.4 (Oct: 51.6). 9-month low. HCOB Flash Germany Manufacturing PMI Output Index(4) at 43.2 (Oct: 42.8). 5-month high. HCOB Flash Germany Manufacturing PMI(3) at 43.2 (Oct: 43.0). 4-month high.Comment:Commenting on the flash PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: "These figures are bad news. Until recently, the German economy was stabilised

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