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Economic Buzz: Germany manufacturing PMI drops to sharpest contraction since February
01-Dec-2025 15:02
Germany's manufacturing sector weakened further in November as the HCOB Manufacturing PMI slipped to 48.2, marking its sharpest contraction since February. A renewed slide in new orders drove the downturn, with demand falling at the fastest pace this year amid persistent customer caution and softer overseas interest. Export sales declined for a fourth straight month, reflecting weaker appetite across Asia, Europe, and North America. Output growth eased, employment continued to fall, and price pressures showed signs of stabilizing, with input costs edging down only slightly. While firms' expectations for future output improved modestly, confidence remains below long-term norms.

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