Germany October final manufacturing PMI 43.0 vs 42.6 prelim ...Middle East

Final Manufacturing PMI 43.0 vs. 42.6 expected and 40.6 prior.Key findings:HCOB Germany Manufacturing PMI at 43.0 (Sep: 40.6). 3-month high. HCOB Germany Manufacturing PMI Output Index at 42.8 (Sep: 41.3). 2-month high. Deeper cuts to output prices signalled amid strong competition.Comment:Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said: "The mood in German industry remained glum in October. However, there are signs that an economic trough may have been reached. Although the headline PMI remained deep in recessionary territory in October, it showed a slight improvement from a very low level. However, caution is required when interpreting the val

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Germany October final manufacturing PMI 43.0 vs 42.6 prelim ...Middle East

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