Strong exports lift German factory activity to three-year high in Feb — PMI

Strong exports lift German factory activity to three-year high in Feb — PMI

The Edge Markets - World·2021-03-02 05:04

BERLIN (March 1): Higher demand from China, the United States and Europe drove growth in German factory activity to its highest level in more than three years in February, brightening the outlook for Europe's largest economy, a survey showed on Monday.

IHS Markit's Final Purchasing Managers' Index (PMI) for manufacturing, which accounts for about a fifth of the economy, jumped to 60.7 from 57.1 in January.

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