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Germany’s private sector activity contracted at its fastest pace in 18 months during June, according to the latest S&P Global survey. The Composite Flash Purchasing Managers’ Index (PMI) dropped to 48.0 from 48.8 in May, falling short of market expectations and remaining below the 50-point mark that separates growth from contraction. The decline was driven […]
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Germany’s private sector expanded at its fastest pace in four months in February, signaling renewed momentum in Europe’s largest economy. The HCOB Flash Germany Composite Purchasing Managers’ Index, compiled by S&P Global, rose to 53.1 from 52.1 in January, surpassing analysts’ expectations. A reading above 50 indicates growth, pointing to stronger overall business