The upturn in Germany’s goods-producing sector that started almost two years ago continued in October. This was highlighted by the seasonally adjusted final Markit/BME Germany Manufacturing Purchasing Managers’ Index (PMI) – a singlefigure snapshot of the performance of the manufacturing economy – posting above the neutral 50.0 threshold.
At 55.0 up from September’s 54.3, the PMI was indicative of the strongest improvement in manufacturers’ operating conditions since the beginning of 2014.
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