23 Nov 2021
German Preliminary Manufacturing PMI arrives at 57.6 in November vs. 56.9 expected
- German Manufacturing PMI arrives at 57.6 in November vs. 56.9 expected.
- Services PMI in Germany rises to 53.4 in November vs. 51.5 expected.
- EUR/USD flirts with highs near 1.1265 on upbeat German PMIs.
The German manufacturing sector continues with its solid pace of expansion in November, the preliminary manufacturing activity report from IHS/Markit research showed this Tuesday.
The Manufacturing PMI in Eurozone’s economic powerhouse came in at 57.6 this month vs. 56.9 expected and 57.8 prior.