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Prior readings in parenthesis:
- Manufacturing: -16.7 (-18.3)
- Business-related services: +7.0 (+3.8)
- Construction: -5.3 (-8.6)
- Trade: -9.7 (-4.5)
- Overall: -11.1 (-12.8)
This is a leading indicator for Europe, though it’s a small bump and trade is a big drag.
This article was written by Adam Button at www.forexlive.com.
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