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Germany HCOB Composite PMI declines to 52.8 in October vs. 53.3 expected

FXStreetGermany

Germany HCOB Composite PMI declines to 52.8 in October vs. 53.3 expected

Economic activity in Germany's private sector continued to expand in October, albeit at a softer pace than September, with the HCOB Composite Purchasing Managers' Index (PMI) declining to 52.8 in the preliminary estimate from 53.8 in September.

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