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European Markets Rise as Investors Seek Global Economic Data

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London saw a 0.49% increase, and UK August Nationwide house prices dropped by 0.8% compared to the previous month’s decrease of 0.2%.

Germany experienced a 0.14% rise, with the August final manufacturing PMI coming in at 39.1, the same as the preliminary figure.

In France, the final manufacturing PMI for August was recorded at 46.0, a slight decrease from the preliminary figure of 46.4, and the country saw a 0.23% increase.

The Eurozone’s final manufacturing PMI for August was 43.5, slightly lower than the preliminary figure of 43.7. Italy’s Q2 final GDP showed a decline of 0.4% compared to the preliminary figure of a 0.3% decline. Italy’s August manufacturing PMI was reported at 45.4, lower than the expected 46.0. Switzerland’s August manufacturing PMI came in at 39.9, slightly lower than the expected 40.0. Spain’s August manufacturing PMI was 46.5, lower than the expected 48.8. Additionally, Switzerland’s August CPI increased by 1.6% year-on-year, surpassing the expected 1.5%.

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