German Manufacturing PMI rises to 46.8 (flash 46.8) in November from 46 in October. "There were...

|By:, SA News Editor

German Manufacturing PMI rises to 46.8 (flash 46.8) in November from 46 in October. "There were some encouraging signs lurking behind the headline PMI number," says Markit. "New order volumes fell at the weakest pace since March and output dropped at the joint-slowest rate seen over this eight-month period. This helped restrain job shedding across the sector." Still, companies remain cautious. (PR)