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German Manufacturing Index Signals Expansion for Seventh Month 2014-01-23 08:35:37.981 GMT
By Alessandro Speciale Jan. 23 (Bloomberg) -- German manufacturing may expand at a faster pace this month, according to a survey of purchasing managers released today by London-based Markit Economics. * An advance reading of the index rose to 56.3 from 54.3 in December * The median of a Bloomberg News survey of 31 analysts predicted an increase to 54.6 * NOTE: A reading above 50 indicates expansion * NOTE: German ZEW Investor Confidence Unexpectedly Fell in January NSN MZQYSM6K50Y4 <GO> * NOTE: China Manufacturing Index Signals Surprise Contraction: Economy NSN MZUEL86JTSG5 <GO>
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--With assistance from Kristian Siedenburg in Vienna.
To contact the reporter on this story: Alessandro Speciale in Frankfurt at +49-69-9204-1201 or aspeciale@bloomberg.net
To contact the editor responsible for this story: Craig Stirling at +44-20-7673-2841 or cstirling1@bloomberg.net