FOREX TradingCharts.com

Financial News: Germany's Private Sector Expands At Moderate Pace

Germany's Private Sector Expands At Moderate Pace

05/23/2019 - 03:54:00 (RTTNews)

(RTTNews) - Germany's private sector expanded at a moderate pace in May, survey data from IHS Markit showed Thursday.

The composite output index rose unexpectedly to a 3-month high 52.4 in May from 52.2 in April. Economists had forecast a reading of 52.0 for May.

A reading above 50 indicates expansion in the sector.

Data showed that other indicators weakened, however, with new orders falling for the fourth time in five months and employment growth easing to its lowest in just over three years in April.

On the price front, latest data showed a slowdown in the rates of both input cost and output charge inflation.

The manufacturing PMI fell unexpectedly to 44.3 from 44.4 in April. The expected score was 44.8.

At the same time, the services PMI dropped to a 4-month low of 55.0 from 55.7 in the previous month. The reading was forecast to fall moderately to 55.4.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


RBA Minutes On Tap For Tuesday (03 hr(s), 32 min(s), 20 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its June 4 meet ...Full Story»

ECB's Coeure: Tiering To Be Considered If Rates Have To Be Cut - FT (10 hr(s), 59 min(s), 20 sec(s) ago)
(RTTNews) - The European Central Bank Governing Council would consider the impact of negative inte ...Full Story»

U.S. Homebuilder Confidence Unexpectedly Pulls Back In June (11 hr(s), 15 min(s), 20 sec(s) ago)
(RTTNews) - After reporting a substantial improvement in U.S. homebuilder confidence in the previo ...Full Story»

New York Manufacturing Activity Unexpectedly Contracts In June (11 hr(s), 39 min(s), 20 sec(s) ago)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story»

New York Manufacturing Activity Unexpectedly Contracts In June (12 hr(s), 48 min(s), 20 sec(s) ago)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story»

Eurozone Labor Costs Growth Improves In Q1 (13 hr(s), 01 min(s), 20 sec(s) ago)
(RTTNews) - Eurozone labor costs increased at a slightly faster pace in the first quarter, Eurosta ...Full Story»

Germany GDP To Contract In Q2: Bundesbank (13 hr(s), 19 min(s), 20 sec(s) ago)
(RTTNews) - Germany's economy is set to contract slightly in the second quarter, Bundesbank sa ...Full Story»

UK Labor Costs Growth Lowest Since Mid-2017 (13 hr(s), 44 min(s), 20 sec(s) ago)
(RTTNews) - UK labor costs increased at the joint-lowest rate since mid-2017, the Office for Natio ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

RBA Minutes On Tap For Tuesday

06/17/2019 - 18:00 PM (RTTNews)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its June 4 meet ...Full Story>>

ECB's Coeure: Tiering To Be Considered If Rates Have To Be Cut - FT

06/17/2019 - 10:33 AM (RTTNews)
(RTTNews) - The European Central Bank Governing Council would consider the impact of negative inte ...Full Story>>

U.S. Homebuilder Confidence Unexpectedly Pulls Back In June

06/17/2019 - 10:17 AM (RTTNews)
(RTTNews) - After reporting a substantial improvement in U.S. homebuilder confidence in the previo ...Full Story>>

New York Manufacturing Activity Unexpectedly Contracts In June

06/17/2019 - 09:53 AM (RTTNews)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story>>

New York Manufacturing Activity Unexpectedly Contracts In June

06/17/2019 - 08:44 AM (RTTNews)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.