The index of business activity in the manufacturing sector in Germany in January amounted to 45.3

According to the final data of the research organization IHS Markit, the index of business activity in the manufacturing sector of Germany (PMI Manufacturing) in January amounted to 45.3 points. Preliminary data were noted at the level of 45.2 points. Experts expected both indicators to match.

The index of purchasing managers in the manufacturing sector of the eurozone's largest economy rose from the December level of 43.7, reaching the highest level in 11 months.

The manufacturing PMI of all 19 eurozone countries in January showed growth from 46.3 to 47.9, peaking since April 2019.