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Germany September final manufacturing PMI 39.6 vs 39.8 prelim

Prior 39.1German manufacturing stays more subdued towards the end of Q3, as deteriorating demand conditions continue to weigh. This saw the sharpest decline in output since May 2020 but at least input costs are seen falling further. HCOB notes that:“There are tentative signs that the bottom is in sight. For sure, the HCOB Manufacturing PMI of Germany is still signalling a quick slide downhill in terms of output. Nevertheless, we see glimmers of hope that the sector is starting to turn the corner... Read More

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Content Topics

Germany

September

Final

Manufacturing

39 Prelim

Forex

Posted: Oct 2 2023, 07:55

Author Name: forexlive

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