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.

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                           Oct.   Flash   Sept.    Aug.    July    June     May
                           2011     PMI    2011    2011    2011    2011    2011
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Manufacturing PMI          49.1    48.9    50.3    50.9    52.0    54.6    57.7
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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

To contact the reporter on this story: Kristian Siedenburg in Vienna at ksiedenburg@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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