The German Purchasing Managers’ Index for Industry (PMI) rose from 45.1 in October to 46.2 in November in its final reading released Thursday 1 by S&P Global. A result below the 50-point mark indicates a decrease in activity. Forecast of analysts surveyed Wall Street Journal was higher by 46.7.
Source: Istoe Dinheiro
I work as an author at the World Herald News, a news website that also covers the economy. I have been writing about economic topics for over six years and have written extensively on topics such as unemployment, housing prices, and the stock market. My goal is to provide readers with expert insight into these important issues so they can make informed decisions.