German manufacturing downturn softened in January, with goods producers reporting the slowest drops in output and new orders for eight months, the latest HCOB PMI survey found. Weak demand conditions once again weighed on manufacturers' pricing power as the year began. Exports were down again, albeit falling at the slowest rate for eight months. January saw another round of manufacturing job cuts.
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Tuesday, February 4, 2025
Germany's manufacturing downturn softens in Jan 2025: HCOB PMI survey
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