OctaFX | OctaFX Forex Broker
Open trading account
Back

German manufacturing PMI falls slightly in September

FXStreet (Mumbai) - Markit/BME Germany Manufacturing Purchasing Managers’ Index (PMI) fell to 52.3 in September from 53.3in August. The flash estimate stood at 52.5.

Key Points

New orders eased slightly, but still were the second strongest in 17 months.

New export business also increased further on account of weak Euro and increased demand from the US.

Lower prices for energy and oil-based products pushed the input costs lower for a second month running in September.

Some companies passed lower input prices on to their clients, resulting in the first reduction in selling prices for seven months.

Greece Markit Manufacturing PMI climbed from previous 39.1 to 43.3 in September

Greece Markit Manufacturing PMI climbed from previous 39.1 to 43.3 in September
Read more Previous

EUR/GBP drops to fresh lows near 0.7360 on PMIs

A renewed selling-wave hit the common currency following the release of downbeat PMIs from Germany and the 19-nation bloc, knocking-off EUR/GBP to fresh session lows.
Read more Next
Start livechat