Germany’s final manufacturing PMI rises to 51.8 in April
Markit Economics released its final manufacturing purchasing managers' index (PMI) for Germany on Monday. Germany's final Markit/BME manufacturing purchasing managers' index (PMI) rose to 51.8 in April from 50.7 in March, down from the preliminary reading of 51.9.
The index was mainly driven by rises in new business and employment.
"Although some relief was offered by today's survey results, the German manufacturing sector remains stuck in a low gear at the start of the second quarter," Markit economist Oliver Kolodseike said.
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