Germany’s manufacturing export conditions stagnated in July, with the HCOB PMI Export Index falling to 49.9, reflecting growing weakness in European markets.
Trade-weighted activity in Europe declined, particularly in the Netherlands and Czechia, while North America and Asia saw slower growth.
Germany’s new export orders continued to contract.
Trade-weighted activity in Europe declined, particularly in the Netherlands and Czechia, while North America and Asia saw slower growth.
Germany’s new export orders continued to contract.