Purchasing Managers’ Index Reaches 52.4 Points
German manufacturers recorded the highest rises in output and new orders in more than two years. The Purchasing Managers’ Index (PMI) was at 52.4 in November, up from 51.0 in October, thus indicating the industry’s continued recovery. Read more
Falling Producer Prices for Services
Producer prices for services mostly declined in the third quarter of 2009 against the third quarter of 2008. Steep price falls were recorded for sea transport: The prices of services in sea and coastal water transport were markedly down by 27.5% compared with one year earlier. Read more
Jump in Sales in China and India
Worldwide demand for motor cars has further stabilised on most foreign markets towards the end of the year. Numerous stimulus packages have been supporting this trend. In China, sales volumes in November almost doubled with an increase of 92 percent. Read more
Deadline for METP Application: 7 January
Managers and entrepreneurs from EU companies are given the opportunity to apply for the „Managers Exchange and Training Programme“ (METP). The Chinese government and the European Commission bear the costs of the ten-month language and business training in Bejing, starting on 10 May 2010. Read more
France Remains No 1 Trading Partner
As reported by the Federal Statistical Office (Destatis), France again was Germany’s number one trading partner for exports in the previous year, accounting for Euro 93.7 billion of exports. Imports from France amounted to Euro 63.4 billion in 2008, so that France was the second most important supplier country for German imports after the Netherlands (Euro 68.0 billion). Read more
