Germany Markit Jan mftg PMI final 61.1 vs 61.2 exp

Germany Markit Jan mftg PMI final reading now out 1 Feb

  • 61.2 prev

Softer headline but PMI carries little weight these days. Useful back story info though still.

Say Markit:

Germany's manufacturing sector enjoyed a strong start to 2018, despite seeing a softer pace of growth than the record performance in December, according to the latest PMI® survey data from IHS Markit and BME. Price pressures were meanwhile shown to be the highest since early-2011, driven by rising commodity prices and capacity constraints in supply chains.

Full report here

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