Germany January final manufacturing PMI 45.5 vs 45.4 prelim ...Middle East

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Prior 43.3The downturn in Germany's manufacturing sector eases in January but the overall outlook remains cautious for now. Output, new orders, and purchasing activity all fell at the slowest rates for several months but weak demand conditions are still prevailing. HCOB notes that:“It could have been worse. Although the German manufacturing sector remains entrenched in recessionary territory in January, the pace of the downturn is unmistakably slowing. This marks a continuation of a trend that has persisted for six consecutive months. Such a trajectory suggests that growth might make a comeback within the next few months. "Surprisingly, companies in Germany appear to be weathering problems i

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