Germany HCOB Manufacturing PMI below forecasts (43.8) in December: Actual (42.5)

Dec 16, 2024

Germany HCOB Services PMI came in at 51, above expectations (49.2) in December

German Preliminary Manufacturing PMI unexpectedly drops to 42.5 in December vs. 43.8 expected

The German manufacturing sector activity worsened in December while the services sector returned to expansion, the preliminary business activity report published by the HCOB survey showed Monday.