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- The recent slowdown in Germany's manufacturing sector extended into the final month of 2018, according to the latest PMI survey data from IHS Markit
The recent slowdown in Germany's manufacturing sector extended into the final month of 2018, according to the latest PMI survey data from IHS Markit
Though output growth was sustained, the recent downturn in new orders deepened amid a steep and accelerated decline in exports.
More positively, data showed a solid increase in manufacturing employment as well as a cooling of input cost inflation to a 16-month low.
The headline IHS Markit/BME Germany Manufacturing PMI – a single-figure snapshot of the performance of the manufacturing economy – slipped to 51.5 in December, down from 51.8 in November and its lowest reading since March 2016.
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