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Germany November flash manufacturing PMI 46.7 vs 45.0 expected

Germany November flash manufacturing PMI 46.7 vs 45.0 expected
  • Prior 45.1
  • Services PMI 46.4 vs 46.2 expected
  • Prior 46.5
  • Composite PMI 46.4 vs 44.9 expected
  • Prior 45.1

The readings are an improvement relative to October but they still show a contraction in the German economy this month, albeit at a slower pace. Demand conditions continue to be impacted by strong inflation with manufacturers reporting another steep decline in new orders. A positive though is that labour ma... Read More

Posted: Nov 23 2022, 08:31
Author Name: forexlive
Views: 110746

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