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Germany December final manufacturing PMI 47.1 vs 47.4 prelim
- Prior 46.2
The downturn in Germany's important manufacturing sector eases in December, with an improvement in supply conditions helping to alleviate some of the pain from price pressures. That said, new orders were down for a ninth consecutive month as the outlook remains dim despite manufacturers being less pessimistic towards the end of the year. S&P Global notes that:
"Some of the gloom surroundi... Read More
Posted: Jan 2 2023, 08:55
Author Name: forexlive
Views: 110281