The health of Germany's manufacturing sector took a further turn for the worse in September, latest PMI® survey data showed, with the downturn in new orders deepening and soaring energy prices driving up the rate of input cost inflation. Amid a further easing of supply-side constraints, the rate of decline in output was the weakest for three months in September. However, firms' expectations towards future production sank sharply to their lowest since May 2020, with rising stocks of finished goods and risks around energy supply each boding ill for growth prospects. The headline seasonally adjusted S&P Global / BME ... (full story)