Germany May Manufacturing PMI 51.1 vs Flash Reading 51.4

BME and Markit Economics release manufacturing purchasing managers’ index for Germany in May.

  • Index falls to 51.1 from 52.1 in April; Year ago 52.3
    • Lowest reading since Feb. 2015
    • Sixth consecutive month of expansion
  • New Orders fall to 50.9 vs 51.7 in April
    • Lowest reading since Dec. 2014
    • Sixth consecutive month of expansion

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