Germany: Flash PMI Manufacturing shows modest growth in February

Preliminary German PMI Manufacturing increased to 50.1 points in February, from 49.8 points in January, according to data released today by Markit. The result is slightly below market consensus of 50.5 points.

PMI Services slid to 54.1 points in February, following a 55.7 point reading the previous month and below expectations of 55.5.