Germany’s private sector growth lost more momentum in December, marking the second straight month of deceleration, according to a PMI survey. The HCOB flash composite Purchasing Managers’ Index fell to 51.5 from 52.4 in November, its lowest level in four months, though it remained above the 50 mark that signals expansion for a seventh consecutive […]
Germany’s consumer sentiment is set to improve modestly in December, supported by a rise in households’ willingness to spend on Christmas shopping despite lingering concerns about future income. The GfK and NIM consumer climate index edged up to -23.2 for December from -24.1, matching analysts’ expectations. A second month of stronger buying appetite and a […]
Germany’s private sector lost momentum in November, with manufacturing unexpectedly contracting and the services sector expanding at a slower pace, according to the latest HCOB flash composite Purchasing Managers’ Index (PMI) compiled by S&P Global. The index slipped to 52.1 from 53.9 in October, marking a two-month low. Despite the decline, the reading stayed above
Alphabet’s Google has announced plans to invest €5.5 billion ($6.4 billion) in Germany between 2026 and 2029 to strengthen its cloud infrastructure and data centre capacity. The investment includes building a new data centre in Dietzenbach near Frankfurt and expanding its existing facility in Hanau, both located in the state of Hesse. The initiative is […]



