Germany January flash manufacturing PMI 44.1 vs 42.7 expected ...Middle East

Manufacturing PMI 44.1 vs 42.7 expected and 42.5 prior.Services PMI 52.5 vs 51.0 expected and 51.2 prior.Composite PMI 50.1 vs 48.2 expected and 48.0 prior.

Key findings:

HCOB Flash Germany Composite PMI Output Index(1) at 50.1 (Dec: 48.0). 7-month high. HCOB Flash Germany Services PMI Business Activity Index(2) at 52.5 (Dec: 51.2). 6-month high. HCOB Flash Germany Manufacturing PMI Output Index(4) at 45.2 (Dec: 41.7). 8-month high. HCOB Flash Germany Manufacturing PMI(3) at 44.1 (Dec: 42.5). 8-month high

Comment:

Commenting on the flash PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said:

"Is this the unexpected Trump effect? It looks as if companies see good reasons to put pessimism aside. Companies in the services sector have increased their activity for the second month in row after a short-term blip in November. Manufacturing output is shrinking at the slowest rate since mid-2024, and the new order situation has eased a bit too. This shift towards optimism is highlighted by a much better outlook on future activity, which goes hand in hand with the German DAX index outperforming the US-based S&P 500 in January."

“This is great news for the services sector. Not only has activity picked up pace, but services companies have also stopped trimming their staff and actually increased employment for the first time since June last year. This aligns with the more positive outlook on future activity."

“The PMI offers some hope that Germany might dig itself out of the recessionary phase of the past two years. The headline composite PMI has crossed the 50 threshold for the first time since early summer last year, thanks to a stronger services sector and an easing recession in manufacturing. The latter's performance will not only hinge on US actions regarding tariffs but also on the plans and measures of the new German government after the general elections in February."

“On the price front, there's no relief in the services sector. Input price increases have accelerated, likely due to the higher CO2 tax that kicked in on January 1st, affecting sectors like transport and hospitality. The good news is that seemingly services companies are strong enough to pass at least part of these price increases onto their clients."

This article was written by Giuseppe Dellamotta at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( Germany January flash manufacturing PMI 44.1 vs 42.7 expected )

Also on site :

• NYT Mini Crossword Answers, Hints for Friday, June 20, 2025
• Canadian rescuers rush to a remote part of Banff park following reports that a rock slide hit hikers
• TGIF Child Star Reveals 'Breakdown' on Set of Famous '90s Show