Germany: Flash PMI Manufacturing returns to expansion in July

FXstreet.com (Barcelona) - Preliminary German PMI Manufacturing increased to 50.3 points in July, from 48.6 points in June, according to data released today by Markit. The result is above market consensus of 49.4 points.

PMI Services accelerated to 52.5 points in July, following a 50.4 point reading the previous month and above expectations of a rise to 50.8.