Germany PMI Manufacturing was finalized at 58.4 in February, down from January’s 59.8. Markit said there were sharp rise in backlogs as growth in the new orders outstripped output. Factory cost inflation slipped further from recent highs. Incidence of supply delays was lowest since November 2020. Phil Smith, Associate Economics Director at IHS Markit, said: […]
The post Germany PMI manufacturing finalized at 58.4 in Feb, underlying demand strong appeared first on Action Forex.
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