Economics

German Industrial Strength Limits Virus Damage to Economy

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The German economy is taking only limited damage from renewed virus restrictions compared with other euro-area countries, thanks to solid growth in manufacturing.

IHS Markit’s monthly index of private-sector activity weakened in November, but stayed above the key 50 level to signal continued expansion. The reading is in contrast to France, where the composite Purchasing Managers’ Index plunged to 39.9.