- Analytics
- News and Tools
- Market News
- Germany’s final manufacturing PMI falls to 52.1 in October
Germany’s final manufacturing PMI falls to 52.1 in October
Markit Economics released its final manufacturing purchasing managers' index (PMI) for Germany on Monday. Germany's final manufacturing purchasing managers' index (PMI) declined to 52.1 in September from 52.3 in September, up from the preliminary reading of 51.6.
The decline was driven by a slower production and employment growth.
"There are some warning signs in the data set. In particular, stocks of finished goods rose for the first time in a year, suggesting that a future rise in demand could be satisfied by using existing stock, rather than scaling up production levels," Markit economist Oliver Kolodseike said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
