Chris Williamson Output Quotations

Especially given the height of the output and order book indicators, you would be hoping for a stronger (employment index) number than that.

In Germany, output prices are remaining very subdued and it's a suggestion that German companies are being more competitive than companies in, say, France and Italy on price, and therefore winning more business abroad.

High oil prices are hitting costs and forcing manufacturers to look at how they can streamline their operations. Manufacturers are still shedding workers despite seeing output and orders increase.