It Looks Like Germany Is Creeping Back

Germany's manufacturing PMI rose to 51.4 in October from a 15-month low of 49.9 in September.  Economists expected a reading of 51.8.  Markit's Purchasing Managers' Index is a commonly used survey to measure overall business conditions before official stats come out.  Any figure above 50 indicates the sector is growing.   Here are the key points from Markit: Production growth accelerates despite marginal decline in new orders Rate of job creation hits 33-month high Input costs decline at ...