The recent slowdown in Germany's manufacturing sector extended into the final month of 2018, according to the latest PMI survey data from IHS Markit

Market news

2 January 2019

The recent slowdown in Germany's manufacturing sector extended into the final month of 2018, according to the latest PMI survey data from IHS Markit

Though output growth was sustained, the recent downturn in new orders deepened amid a steep and accelerated decline in exports.

More positively, data showed a solid increase in manufacturing employment as well as a cooling of input cost inflation to a 16-month low.

The headline IHS Markit/BME Germany Manufacturing PMI – a single-figure snapshot of the performance of the manufacturing economy – slipped to 51.5 in December, down from 51.8 in November and its lowest reading since March 2016.

The slowdown of growth in the euro area’s manufacturing economy, seen throughout much of 2018, carried on until the end of the year in December

December data pointed to a deterioration in French manufacturing operating conditions for the first time since September 2016

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