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German Manufacturing sector shows sustained strong growth at start of 2018
Germany’s manufacturing sector enjoyed a strong start to 2018, despite seeing a softer pace of growth than the record performance in December, according to the latest PMI® survey data from IHS Markit and BME. Price pressures were meanwhile shown to be the highest since early-2011, driven by rising commodity prices and capacity constraints in supply chains. The final IHS Markit/BME Germany Manufacturing PMI – a single-figure snapshot of the performance of the manufacturing economy – registered 61.1 in January, down from a surveyrecord high of 63.3 in December but still signalling one the greatest improvements ... (full story)