PMI for Tyskland fra Markit – læs hele meddelelsen her.
Kommentar: Det synes nu uundgåeligt, at svagere vækst i Tyskland og det øvrige Europa vil sætte sig negativt i dansk økonomi.
“A year that started with rapid growth in the manufacturing sector
ended on a disappointing note, with latest PMI data showing the
sector edging closer to stagnation in December.
“With things having got a little too hot at the end of 2017 a
correction was inevitable, but the extent of the slowdown has been
somewhat of a surprise. The darkening global economic picture has
had ramifications for Germany’s outwardly-focussed manufacturing
sector over the course of 2018, while a sequence of headwinds in
the car industry in the latter stages of the year has been a further
restricting factor.
“Inflows of new orders fell deeper into contraction territory as
the fourth quarter progressed, and it’s only because of work on
backorders that manufacturers were able to sustain output growth.
The rate of job creation has also held up relatively well thus far,
though the accelerated decline in backlogs suggests that more and
more companies are starting to see capacity pressures ease off.
“Notably, however, consumer goods producers defied the broader
slowdown to record strong growth across the board in December.
Cost pressures were also found to have cooled as the effects of lower
oil prices and softer underlying demand started to feed through.
