Germany Manufacturing PMI March Flash Data Reveals Unexpected Decrease to 41.6
Thursday, 21 March 2024, 08:30
Germany Manufacturing PMI March Data Overview:
The flash data for Germany's manufacturing Purchasing Managers' Index (PMI) for March showed a surprising dip to 41.6, below the expected 43.1.
Key Figures:
- Prior Services PMI: 48.8 (Expected: 48.3)
- Prior Composite PMI: 47.0 (Expected: 46.3)
This data indicates a further slowdown in the manufacturing sector, signaling challenges for the German economy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.