Germany December final manufacturing PMI 43.3 vs 43.1 prelim ...Middle East

Prior 42.6Even with a strong contraction in manufacturing conditions, this is still a 8-month high reading for Germany - which speaks more to how bad things got at some point last year. But at least now, new orders are seen declining at its slowest rate since April and price pressures are also softening further. However, there is still much uncertainty that is persisting on the outlook. HCOB notes that:“The situation in Germany's manufacturing industry can be likened to a hiker who has involuntarily descended into a valley. Progress is evident in the search for an exit, yet uncertainty lingers about the proximity of finding the right path. Thus, while it is encouraging that the PMI index has

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Germany December final manufacturing PMI 43.3 vs 43.1 prelim ...Middle East

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