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German Preliminary Manufacturing PMI unexpectedly rises to 42.6 in October vs. 40.5 expected
World FX news
Breaking news
German Preliminary Manufacturing PMI unexpectedly rises to 42.6 in October vs. 40.5 expected
New
2024.10.24 16:32
2024.10.24 16:32
2024.10.24 16:32
- Germany's Manufacturing PMI jumps to 42.6 in October vs. 40.5 estimate.
- Services PMI for the German economy bounces to 51.4 in October vs. 50.5 forecast.
- EUR/USD holds small gains toward 1.0800 after upbeat German PMIs.
The German manufacturing sector witnessed a tepid recovery in October while the services sector activity also rebounded, the preliminary business activity report published by the HCOB survey showed Thursday.
Last updated
: 2024.10.24
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2024.10.24 18:18Disclaimer:
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