German manufacturing saw its strongest growth performance for over six years in September, recording marked and accelerated increases in both production levels and employment, according to the latest PMI survey data from IHS Markit and BME. However, there was also evidence of increasing supply-side pressures, as firms faced near-record delivery delays and sharply rising input costs.
At 60.6 in September, up from August's 59.3, the final IHS Markit/BME Germany Manufacturing PMI recorded its highest reading since April 2011 and signalled a strong improvement in the overall health of the goods-producing economy.