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Germany Manufacturing Purchasing Managers Index (PMI)

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Germany Manufacturing Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Jul 02, 2018
Actual
55.9
Forecast
55.9
Previous
55.9
The German Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
Importance:
Country:
Currency: EUR
Source: Markit Economics
Germany Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Aug 01, 2018 (Jul) 08:55      
Jul 24, 2018 (Jul) 08:30     55.5 55.9
Jul 02, 2018 (Jun) 08:55 55.9 55.9 55.9
Jun 22, 2018 (Jun) 08:30   55.9 56.3 56.9
Jun 01, 2018 (May) 08:55 56.9 56.8 56.8
May 23, 2018 (May) 08:30   56.8 57.9 58.1

News

Forex- Euro Rises on Positive Eurozone Growth
Forex- Euro Rises on Positive Eurozone Growth By Investing.com - Jun 22, 2018

Investing.com - The euro was steady on Friday, as the U.S. dollar fell amid trade war concerns. French and German business activity in June came in higher than expected, easing concerns of a slowdown...

Analysis

Kathy Lien
Are Currencies At The Cusp Of A Turn?   By Kathy Lien - Jul 09, 2018

The US dollar traded lower against all of the major currencies in the first few days of the third quarter. While it may be tempting to call this a peak, it is too early for all the bulls to retreat....

German Manufacturing PMI Discussion

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