Percorso:ANSA > Nuova Europa > News > German manufacturing, surprising growth, PMI at 51.8
German manufacturing, surprising growth, PMI at 51.8
Services sector drops to 54.8 but continues to expand
23 October, 11:36
(ANSA) - ROME - The PMI index, which monitors manufacturing activity in Germany rose to 51.8 in October from 49.9 in September, and is surprisingly growing again (analysts had predicted 49.5). The services sector, however, drops to 54.8 from 55.7, thus remaining above the 50 point threshold which is the line between contraction and expansion.(ANSA).
