Germany December construction PMI 53.7 vs 53.1 prior

Author: Justin Low | Category: News

Latest data released by Markit - 5 January 2018

An improved reading from the prior month. According to Markit, total industry activity rose to a four-month high driven by a strong rise in commercial building work.

Not the most glamorous of data points to put things into perspective, but provides some general sentiment on activity in the German economy. EUR/USD at 1.2060 now, having a quiet session. Meanwhile, EUR/GBP continues to pivot around the 0.8900 level still.

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