Mumbai, Nov. 3 -- The headline HCOB Germany Manufacturing PMI registered 49.6 in October, showing little change from September's 49.5.
The headline PMI was kept below the neutral 50.0 threshold by its employment and stocks of purchases components, with output, new orders and supplier delivery times each having a positive influence.
Germany's manufacturing sector continued to lack dynamism as the fourth quarter got underway. A further, albeit slower, increase in output was seen alongside a slight uptick in new orders.
However, business expectations extended their recent slide to fall to the lowest so far this year, while workforce numbers were cut once again.
Buying levels were also pared back as firms looked to run down stocks, but lead...