October 2017 German manufacturing, services & composite PMI’s 24 October 2017
- Prior 60.6
- Services PMI 55.2 vs 55.6 exp. Prior 55.6
- Composite PMI 56.9 vs 57.5 exp. Prior 57.7
A drop from last month but not as bad as feared. Services and the comp also edge back. On the upside, manufacturing orders were at the highest in over 6 years.