#Germany’s manufacturing downturn unexpectedly deepens…

#Germany’s manufacturing downturn unexpectedly deepens amid falling demand at home and abroad. S&P Global’s PMI for the country’s industrial sector dropped to 42.3 from 45.5 the previous month – well below any economist estimate in a Bloomberg survey. The picture was brighter in France, where the contraction eased much more than analysts had predicted. Companies reported improving demand while expanding their workforce.