Germany’s HCOB Manufacturing PMI Export Conditions Index rose to 51.2 in January, signalling marginal improvement in trade-weighted global conditions.
Asia led growth, while Europe remained subdued and North America was mixed.
Despite better global momentum, German new export orders stayed in contraction at 49.3.
Economists expect domestic demand, not exports, to drive Germany’s growth in 2026.
Asia led growth, while Europe remained subdued and North America was mixed.
Despite better global momentum, German new export orders stayed in contraction at 49.3.
Economists expect domestic demand, not exports, to drive Germany’s growth in 2026.
