周一公布的一项企业调查显示，随着出口销售额的增长和与政府相关的需求支撑了产量与订单，德国制造业在10月份实现稳健扩张。
Germany's manufacturing sector expanded solidly in October as rising export sales and government-linked demand supported output and orders, a business survey showed on Monday.
由标普全球编制的德国制造业采购经理指数（PMI）从9月的53.9升至10月的54.2。50是荣枯分水岭。“尽管成本压力再度抬头，但德国制造业的复苏在10月依然保持在轨道上，凸显出该行业的韧性，”标普全球市场情报经济副总监菲尔·史密斯表示。产量连续第10个月上升，尽管增速放缓至7月以来最弱。新订单增速也放缓至三个月低点，而出口销售则以稳健且略快于先前的速度增长。
The Germany Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 54.2 in October from 53.9 in September The 50 mark separates growth from contraction "The recovery in the German manufacturing sector remained on track in October despite a resurgence in cost pressures, underlining a sense of resilience in the sector," said Phil Smith, Economics Associate Director at S&P Global Market Intelligence Output rose for a 10th straight month, though the pace eased to its weakest since July. New order growth also softened to a three-month low, while export sales grew at a solid and slightly faster pace Overseas demand was the second-strongest in more than four-and-a-half years, behind only August's recent peak, with firms citing increased sales from Asia, North America and parts of Europe Backlogs of work increased for a third consecutive month, with the pace unchanged from September and still the joint-fastest since April 2022.
海外需求为四年半多以来第二强，仅次于8月最近的高点，企业称来自亚洲、北美和欧洲部分地区的销售额有所增加。积压工作连续第三个月增加，增速与9月持平，仍为2022年4月以来并列最快。就业人数仅微幅下降，创下2023年8月以来最小降幅。成本压力加剧，投入品价格通胀攀升至五个月高点，供应商交货延迟情况恶化程度创下5月以来最大。
Employment fell only fractionally, marking the smallest decline since August 2023 Cost pressures intensified as input price inflation climbed to a five-month high and supplier delivery delays worsened to the greatest extent since May.
由于竞争压力限制了企业的定价权，产出价格通胀放缓至八个月低点。制造商对未来一年的产量保持乐观，但由于成本急剧上升对市场情绪造成拖累，信心降至7月以来最低。在供货周期延长的情况下，企业近四年来首次增加了采购库存。
Output price inflation eased to an eight-month low as competitive pressures limited firms' pricing power Manufacturers remained optimistic about output over the coming year, but confidence fell to its lowest since July as sharply rising costs weighed on sentiment. Firms also raised stocks of purchases for the first time in almost four years amid longer lead times