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German PMI climbs into growth territory for first time in over three-and-a-half years in February
The headline HCOB Germany Manufacturing PMI® climbed back into expansion territory for the first time in over three-and-ahalf years in February, driven in large part by stronger increases in both output and new orders. The headline index was also buoyed by slower decreases in employment and stocks of purchases. Business expectations meanwhile remained on an upward trajectory, reaching their highest since February 2022. Elsewhere, the latest survey results indicated an increase in cost pressures faced by goods producers in the eurozone's largest economy, with input price inflation its strongest in over three years. ... (full story)
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Economic activity in the manufacturing sector expanded in February for the second straight month but only the third time in 40 months, say the nation's supply executives in the latest ISM® Manufacturing PMI® Report. The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee. ...
February saw the upturn in UK manufacturing continue, as companies reported rising intakes of new business from both domestic and overseas markets. The outlook for the sector also remained relatively positive, with almost three-fifths of manufacturers expecting output to rise over the coming 12 months. The seasonally adjusted S&P Global UK Manufacturing ...
