PMI Signals Resurgent Growth for 2011
November data signalled resurgent growth in the German manufacturing sector, with output and new orders both rising at faster rates than in the previous month. This contributed to a strong pace of job creation, which accelerated to its sharpest since the survey-record high posted in March 2008. 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
Purchasing Managers‘ Index Drops 3.2 Points
May data indicated that output and new order growth both slowed markedly in the German manufacturing sector. As a result, 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 – dropped to 58.4, from a survey-record high of 61.6 in April. Read more
Spring Upswing: Highest in 10 Years
April data indicated that the German manufacturing sector started the second quarter with the strongest improvement in overall operating conditions since the survey began in April 1996. 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
Input Costs Rising in December 2009
Output levels in the German manufacturing sector continued to rise at a robust rate in December, extending the current period of expansion to six months. New order volumes also increased, albeit at a slower rate, leading to a further accumulation of unfinished work. An ongoing recovery in client demand resulted in slower job shedding at the end of 2009, with the latest drop in workforce numbers the weakest for fourteen months. However, margins were squeezed in December as price discounting continued, while input costs rose for the first time since October 2008. Read more
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
