Ifo World Economic Climate Deteriorates Further
The Ifo World Economic Climate has worsened in the fourth quarter. The index is now significantly below its long-term average. The deterioration was due to less favourable assessments of the current situation and even more so to the expectations for the next six months. The results confirm the difficult situation of the world economy. Read more
August NMI Indicating Growth in the U.S.
In August, the Non-Manufacturing Index (NMI) registered 53.3 percent, indicating continued growth in the U.S. non-manufacturing sector for the 21st consecutive month. Read more
PMI Rises to 62.7
The seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – rose from 60.5 in January to 62.7 in February, indicating the sharpest overall improvement in German manufacturing sector business conditions since the survey began in April 1996. Read more
Rapid Increase in Purchasing Costs
The German manufacturing sector started 2011 with a sharp overall improvement in operating conditions, reflecting substantial rises in output, new orders and employment numbers. However, the rising price of raw materials meant that input cost inflation accelerated markedly in January and was the highest in almost fifteen years of data collection. Read more
Purchasing Managers’ Index Rises to 60.7
December data signalled another strong acceleration in German manufacturing output growth, with the rate of expansion picking up to a five-month high. Sharper rises in production and incoming new work contributed to the fastest pace of job creation in almost fifteen years of data collection. Read more
Purchasing Managers’ Index 1.5 Points up
The seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) recovered some of the ground lost. At 56.6 in October, up from 55.1 in the previous month, the PMI was comfortably above the neutral 50.0 mark and higher than the series average (52.0). The robust improvement in the overall performance of the German manufacturing sector was mainly driven by stronger gains in new work. Read more
Purchasing Managers’ Index Loses 3 Points
Signs of a slowdown in the German manufacturing sector were more prominent in September, with output and new business growth both easing sharply since the previous month. Consequently, the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) declined to 55.1 from 58.2 in August. Read more
High Profit Margins for Auto Suppliers
Revenues in the global automotive supplier industry have been recovering and are almost back to pre-crisis levels. EBIT margins will even reach an all-time high of approx. 6% in 2010. According to a new study of Roland Berger Strategy Consultants and Lazard, profit recovery is particularly strong at European and North American suppliers. Read more
Purchasing Managers’ Index Three Points Down
Output and new order growth in the German manufacturing sector eased markedly in August. As a result, the purchasing volume dropped to 58.2, from 61.2 in July. Read more
German Imports Hit Record Level in June
Germany exported commodities to the value of EUR 86.5 billion and imported commodities to the value of EUR 72.4 billion in June 2010. Hence, German exports increased by 28.5% and imports by 31.7% in June 2010 on June 2009. This was the highest monthly export value reported since October 2008 (EUR 88.7 billion). The import value for June 2010 was the highest ever reported since foreign trade statistics have been compiled for the Federal Republic of Germany in 1950. Read more
Full Order Books: PMI Rises to 61.2
The German manufacturing recovery gathered momentum in July, as highlighted by a rise in the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) to 61.2, from 58.4 in the previous month. The index has now posted above the neutral 50.0 level for ten successive months. Moreover, the latest reading was the highest for three months and signalled the second-sharpest improvement in operating conditions since the series began in April 1996. Read more
PMI Reflects Robust Economic Growth
The current debt crisis, public savings packages and the continued fall of the euro have not slowed down the German economy. Robust growth in June is reflected by the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – which was unchanged at 58.4 in June. Read more
