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Noticias de trading
1 Mar 2013
Germany: PMI Manufacturing starts expanding in February
Preliminary German PMI Manufacturing rose to 50.3 points in February, from 49.8 points in January, according to data released today by Markit. The result is slightly above market consensus of 50.1 points.
According to Tim Moore, senior economist at Markit: “Manufacturing production remained inside growth territory during February, highlighting that the sector is firmly on track to boost German GDP over the first quarter of 2013. Stronger demand from Asian emerging markets once again fuelled the German manufacturing growth engine. February’s rise in new export orders was the fastest for just under two years and this underpinned a continued positive turnaround in total new order books from the weakness seen at the end of 2012.”
According to Tim Moore, senior economist at Markit: “Manufacturing production remained inside growth territory during February, highlighting that the sector is firmly on track to boost German GDP over the first quarter of 2013. Stronger demand from Asian emerging markets once again fuelled the German manufacturing growth engine. February’s rise in new export orders was the fastest for just under two years and this underpinned a continued positive turnaround in total new order books from the weakness seen at the end of 2012.”