Germany's manufacturing PMI ticks higher in August as production and new orders improve

3 hours ago 1
German flag against cloudy sky

Reinhard Krull

  • The headline HCOB Germany Manufacturing PMI ticked up to 49.8 in August, from July's 49.1. The latest reading was the highest recorded since the index slipped below the 50.0 threshold that separates improvement from deterioration in mid-2022.
  • "These are encouraging developments

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