ECONOMICS COMMENTARY
Mar 08, 2013
German regional PMI data signal solid rise in Bavarian business activity
After a downbeat end to 2012, regional PMI data produced by Markit indicated a brighter start for 2013 in Bavaria's business sector. The Free State of Bavaria - home to some 12.6 million people and accounting for 17% of German GDP - recorded an increase in business activity for the second successive month in February. The solid rate of growth was only fractionally slower than the 11-month high seen in January, and was marginally faster than seen in Germany as a whole.
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