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The index of business activity in the manufacturing sector in Germany in January amounted to 45.3


February, 03 2020
watermark Economic news

According to the final data of the research organization IHS Markit, the index of business activity in the manufacturing sector of Germany (PMI Manufacturing) in January amounted to 45.3 points. Preliminary data were noted at the level of 45.2 points. Experts expected both indicators to match.


The index of purchasing managers in the manufacturing sector of the eurozone's largest economy rose from the December level of 43.7, reaching the highest level in 11 months.


The manufacturing PMI of all 19 eurozone countries in January showed growth from 46.3 to 47.9, peaking since April 2019.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.