German Manufacturing PMI Back in Contraction, New Orders Plunge, Price Inflation Up

"As expected (by me anyway), the Markit/BME Germany Manufacturing PMI® shows Germany is back in contraction.

Weaker new order intakes lead to deteriorating manufacturing business conditions in March.

Key Points:

• Output growth slows to only marginal pace
• Sharpest fall in new work for three months
• Cost inflation highest since July 2011..."

at  http://globaleconomicanalysis.blogspot.com/2012/04/german-manufacturing-pmi-back-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

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