Textile & Apparel
Textiles
Germany's manufacturing export conditions stagnate in July: S&P Global
Aug 14, 2024
Insights
- Germany's manufacturing export conditions stagnated in July, with the HCOB PMI Export Index falling to 49.9, reflecting growing weakness in European markets.
- Trade-weighted activity in Europe declined, particularly in the Netherlands and Czechia, while North America and Asia saw slower growth.
- Germany's new export orders continued to contract.