German manufacturing PMI has increased to 54.1 (flash 54.2) in April from 53.7 in March.
Production growth accelerated despite a weaker increase in new orders, employment continued to rise at a very moderate pace, new export growth eased to a six-month low, and input costs fell at the quickest pace in nine months.
"The following months will show whether April's weak export reading was only a temporary blip or if the appreciation of the euro is having a noticeable effect on client demand from export markets," says Markit.
The Dax is flat. (PR)