3 October 2005, 12:33  German Sept manufacturing PMI 51.0 vs 48.7 in Aug

The German manufacturing sector purchasing managers' index (PMI) for September rose to 51.0 from 48.7 in August, according to market sources. Economists polled by AFX News had forecast a rise to 49.9 in August. A reading above 50 indicates that the manufacturing sector is generally expanding, while a reading below 50 suggests it is generally contracting. The index is based on a questionnaire sent to purchasing executives in more than 1,500 companies.

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