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Back Fundamental analysis
Germany's manufacturing sector grows for first time since 2022
The euro gained noticeably on positive
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The euro gained noticeably on positive news from Europe's largest economy, Germany. The country's manufacturing sector, according to the latest reports, expanded for the first time since 2022. This long-awaited uptick was made possible by generous government investment aimed at supporting key industries intended to drive the recovery. According to published data, the S&P Global manufacturing purchasing managers' index for Germany reached 50.7 points in February. This is a marked improvement from the 49.1 points recorded the previous month. Crossing the
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Jakub Novak,
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