Germany March flash manufacturing PMI 58.4 vs 59.8 expected

Germany March flash manufacturing PMI 58.4 vs 59.8 expected

Latest data released by Markit – 22 March 2018

  • Prior 60.6
  • Services PMI 54.2 vs 55.0 expected
  • Prior 55.3
  • Composite PMI 55.4 vs 57.0 expected
  • Prior 57.6

Another miss on expectations, similar to the French figures posted earlier. Though not paid attention too all that much, it’s a significant miss. Continues to support the notion that the Eurozone economy has peaked in December last year.

Expect more of the same from the Eurozone figures at the top of the hour.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.