September PMI data indicated a fractional downturn in business activity across Germany’s overseas markets after a marginal expansion in exports in August.
The headline HCOB Germany manufacturing PMI export conditions index posted 49.8, down from 50.7 in August and the lowest reading since January.
Manufacturers signalled a steep and accelerated decline in their volumes of new work from abroad.
The headline HCOB Germany manufacturing PMI export conditions index posted 49.8, down from 50.7 in August and the lowest reading since January.
Manufacturers signalled a steep and accelerated decline in their volumes of new work from abroad.
