Germany's preliminary PMIs rise in June

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23 June 2015

Germany's preliminary PMIs rise in June

Germany's preliminary manufacturing PMI climbed to 51.9 in June from 51.1 in May, exceeding forecasts of an increase to 51.3.

Germany's preliminary services PMI was up to 54.2 in June from 53.0 in May. Analysts had expected index to remain unchanged at 53.0.

Markit's economist Oliver Kolodseike noted that the figures showed "a mixed picture of the health of Germany's private sector economy".

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Eurozone's preliminary PMIs increase in June

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