Germany: Flash PMI Manufacturing slides to 52.9 in May

FXStreet (Łódź) - Preliminary German PMI Manufacturing decreased to 52.9 points in May, from 54.1 points in April, according to data released today by Markit. The result is below market consensus of 54 points.

PMI Services rose to 56.4 points in May, following a 54.7 point reading the previous month and against expectations of dropping to 54.5.