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Germany: PMI index at 64.9 in June

A 2-month high according to IHS Markit

23 June, 11:52
(ANSA) - ROME, JUN 23 - The recovery in Germany's economy gained momentum in June, data from IHS Markit show. The German manufacturing PMI index reached 64.9 points, a 2-month high, IHS Markit said.

"As anticipated, the further loosening of COVID-19 restrictions has given an additional boost to the recovery of the German economy, with the 'flash' PMI rising steeply to its highest for over a decade. And with containment measures set to be lifted further in July, this strong momentum is on course to carry over to the third quarter," said Phil Smith, Associate Director at IHS Markit. (ANSA).

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