International Economic

German manufacturing downturn eases slightly - PMI

By Abigail Townsend

Date: Thursday 02 May 2024

(Sharecast News) - The downturn in Germany's hard-pressed manufacturing sector eased marginally last month, a closely-watched survey showed on Thursday, although it remained in contraction.
The latest HCOB German manufacturing purchasing managers' index was 42.5, up from 41.9 in March and slightly ahead of the flash reading of 42.2.

The...

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