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Germany June final manufacturing PMI 40.6 vs 41.0 prelim

Prior 43.2The German manufacturing recession is seen worsening in June, as both output and new orders are falling at their fastest pace in eight months. Adding to that, employment growth is coming close to stalling and that points to potentially more serious problems despite falling prices. HCOB notes that:"Conditions in the manufacturing sector have undoubtedly worsened, but this is not a crash and we may not see anything of the likes. The HCOB PMI for the manufacturing sector does show that de... Read More

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Content Topics

Germany

June

Final

Manufacturing

40

41 Prelim

Forex

Posted: Jul 3 2023, 07:55

Author Name: forexlive

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