Germany October Final Manufacturing PMI

Markit Economics today released the October Final manufacturing purchasing managers’ index for Germany. The PMI is designed to provide a single snap-shot of German industry. Anything above 50 indicates expansion; below 50, a contraction. The greater the divergence from 50, the greater the rate of change.

                           Oct.   Flash   Sept.    Aug.    July    June     May
                           2011     PMI    2011    2011    2011    2011    2011
Manufacturing PMI          49.1    48.9    50.3    50.9    52.0    54.6    57.7
NOTE: The PMI series, is one of the most closely watched business surveys in
the world. It provides up-to-date, accurate and often unique monthly 
indicators of economic trends.

Source: BME, Markit Economics

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