FXStreet (Mumbai) - Markit/BME Germany Manufacturing Purchasing Managers’ Index (PMI) fell to 52.3 in September from 53.3in August. The flash estimate stood at 52.5. Key Points New orders eased slightly, but still were the second strongest in 17 months. New export business also increased further on account of weak Euro and increased demand from the US. Lower prices for energy and oil-based products pushed the input costs lower for a second month running in September. Some companies passed lower input prices on to their clients, resulting in the first reduction in selling prices for seven months.

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