EUR German Manufacturing PMI (M/M)

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The EUR German Manufacturing Purchasing Manager Index is an indicator for the overal performance of the German manufacturing sector. A survey is compiled of business executives' answers regarding sales and employment outlook. The aforementioned survey strives to provide useful information about the business climate which may lead to employment developments, consumption and output. Manufacutring is a highly important sector in Germany. This causes fluctuations in the Manufacturing PMI to possibly provide good indication to the overall economic status of not only Germany, but also the Euro-zone. Despite the timeliness of the report, Manufacturing PMI is not a substantial market mover.