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Germany: Input cost inflation surges to highest since October 2022 amid outbreak of war in the Middle East
German manufacturers faced a surge in cost pressures and disruption to supply chains linked to the war in the Middle East in March, the latest PMI® survey data showed. Nevertheless, output and new orders both saw stronger rates of growth, with reports from surveyed businesses indicating a boost to demand from customers looking to mitigate disruption from the conflict. Looking ahead, however, manufacturers were a lot less confident of growth over the next 12 months than they were before the outbreak of the Middle East war. The headline S&P Global Germany Manufacturing PMI® – a gauge of overall business ... (full story)
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