Germany drives manufacturing up in Eurozone

first_img KCS-content Wednesday 1 December 2010 8:22 pm whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comPuffer fish snaps a selfie with lucky divernypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest Tags: NULL Sharecenter_img whatsapp Germany drives manufacturing up in Eurozone Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo Show Comments ▼ RECOVERY in the Eurozone continues to be driven by Germany and France, new figures revealed yesterday.Manufacturing growth showed a modest increase in November across the single currency area.The Purchasing Managers Index (PMI) for manufacturing rose to 55.3, up from 54.6 in October.French PMI hit its highest rate for a decade, shooting up to 57.9, from October’s 55.2.Meanwhile in Germany, the increase in manufacturing employment rose at the second highest rate in the history of the index.Yet the situation remains bleak in peripheral areas of the Eurozone, particularly troubled states such as Spain and Greece.Manufacturing PMI in Spain dropped to 50, the rate at which no growth is recorded. Output, new orders and employment all contracted, dropping below the 50 mark.The decline of Greek manufacturing continues, with PMI still sunk at 43.9, despite a minor improvement of 0.3 points.“While there was a slight upturn in Ireland, its rate of growth is way below that needed for meaningful recovery,” said Chris Williamson, an economist at Markit. last_img

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