Dagens PMI for Tyskland skuffede i forhold til Flash PMI for en uge siden.
New orders fall for the first time since June – 2013 – Production growth slows further – Companies reduce their selling prices amid sharper drop in input costs.
Markit skriver:
“September’s manufacturing PMI results paint a worrying picture of the health of Germany’s goodsproducing sector. The headline PMI fell to its lowest level in 15 months, heavily weighed down by the sharpest drop in new orders since the end of 2012. Surveyed companies reported that a weakening economic environment, Russian sanctions and subdued growth in key export destinations were reasons behind the disappointing reading. “Moreover, deflationary pressures persisted into September, with both input and output prices falling since the previous month. This was the first time since March that both price indices registered below the neutral 50.0 mark. “On a positive note, September marked an end to a three-month period of job cuts, and despite declining order intakes, companies reported further (albeit weaker) production growth and a marginal rise in buying activity.”
