Thursday, 23 August 2012

German Flash PMI Manufacturing up in August

Preliminary German PMI Manufacturing increased to 45.1 points in August, from 43.0 points in July, according to data released today by Markit. The result is above market consensus of 43.5 points. 

PMI Services fell to 48.3 points in August, following a 50.3 point reading the previous month and below expectations of a drop to 50.0 points.


Note: Data Positive for Base metals

No comments:

Post a Comment