German manufacturing PMI climbs to 50.3 (flash 50.1) in February from 49.8 in January as new...

|By:, SA News Editor

German manufacturing PMI climbs to 50.3 (flash 50.1) in February from 49.8 in January as new business increases at the fastest pace for almost two years, export demand rebounds, and the decline in employment slows down. The data shows that the manufacturing sector is "firmly on track to boost German GDP over the first quarter of 2013," Markit says. (PR)