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German Flash Manufacturing PMI Jumps to 58 in October

According to the preliminary manufacturing activity report from IHS/Markit research, released this Friday, a further rise in the German manufacturing output helped to support growth across the private sector in October. In fact, the flash version of the German Manufacturing PMI unexpectedly jumped to a 30-month high level of 58.0, …

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Service Activity Contracted in Germany

The service activity in the German economy recorded a contraction during October, by more than analysts’ expectations, to shift from an expansion area to a contraction. Data released by the Markit Statistics Office on Friday showed that the index of service activity in the German economy recorded 48.9 points during …

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