Manufacturing PMI falls to 66.4 in April but improves expectations

The Germany Markit Manufacturing PMI it has fallen two tenths in the preliminary reading for April, standing at 66.4 compared to 66.6 in March. The result unexpectedly improves the 65.8 points predicted by the experts.

The services PMI has fallen to 50.1 from 51.5 the previous month, worsening the 50.8 points expected by the market.

The composite PMI was 56 points compared to 57.3 previously and 56.8 expected.

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