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Germany’s manufacturing activity falls to lowest in 5 months

German flag fluttering front of Reichstag building. Berlin, Germany

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HCOB Germany Manufacturing PMI fell for the second month in a row in March, taking it deeper into sub-50 contraction territory, with a reading of 41.9.

This figure is down from 42.5 in February, that was the lowest for five months.

Factory job cuts deepen, despite renewed optimism towards outlook.

ETFs: (EWG), (GF), (FGM), (HEWG), (DAX), (FLGR)

Currency: (EUR:USD)

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