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Markit Economics released its final manufacturing purchasing managers' index (PMI) for Germany on Monday. Germany's final manufacturing purchasing managers' index (PMI) climbed to 53.2 in December from 52.9 in November, up from the preliminary reading of 53.0.
The index was driven by a rise in production and new orders. New export orders showed the strongest rise in nearly two years.
"Reflective of the trend observed throughout 2015, the Germany Manufacturing PMI posted above the nochange mark of 50.0 in December, thereby signalling sustained growth in the sector. New order intakes continued to grow at a healthy rate, with demand for consumer goods particularly strong and exports showing the largest monthly rise since February 2014," Markit economist Oliver Kolodseike said.
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