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
Purchasing Managers’ Index at 10-Year High
Business conditions in the German manufacturing sector improved sharply in March, with rising levels of global demand contributing to substantial output and new order growth. Read more
