The German economy was the weakest in March in the past six years

The performance of the German economy in March was the weakest in the past six years – according to preliminary data of the London-based IHS Markit Economic Research Institute.

The composite purchasing manager index (PMI) in Germany, compiled by aggregating manufacturing and service industry data, decreased to 51.5 points in March, the lowest since June 2013, from the 52.8 points of February. (MTI)