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Germany December flash manufacturing PMI 47.4 vs 46.3 expected

Germany December flash manufacturing PMI 47.4 vs 46.3 expected
  • Prior 46.2
  • Services PMI 49.0 vs 46.3 expected
  • Prior 46.1
  • Composite PMI 48.9 vs 46.5 expected
  • Prior 46.3

That's a modest improvement to November, highlighting that the downturn in the German economy is seen easing somewhat to round off the year. That might help to lift some of the recent gloom but it doesn't take away from the fact that recession risks are still present and very much in play at the moment. S&P... Read More

Posted: Dec 16 2022, 08:30
Author Name: forexlive
Views: 110658

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