Monday, August 23, 2021, 09:30
German Flash Manufacturing PMI, EUR
Measures level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.