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
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
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
