Wednesday, August 22, 2012

German Flash Manufacturing PMI report 23 august 2012

German Flash Manufacturing PMI report 23 august 2012 : the German Flash Manufacturing PMI will be released at 7:30am GMT. Separately, German August Markit flash PMIs due at 0728 GMT. Manufacturing PMI seen at 43.4, services PMI at 50.0.

Outlook German Flash Manufacturing PMI
The economic calendar shows that Markit is scheduled to announce to the public, the latest data on the performance of the manufacturing sector in Germany. Indicators of German Flash Manufacturing PMI is expected to show good performance and illustrates the value increased to 43.5 from 43.0 in the previous period.

German Flash Manufacturing PMI report 23 august 2012
Preliminary German PMI Manufacturing increased to 45.1 points in August, from 43.0 points in July, according to data released today by Markit. The result is above market consensus of 43.5 points.

PMI Services fell to 48.3 points in August, following a 50.3 point reading the previous month and below expectations of a drop to 50.0 points.

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