- Analytics
- News and Tools
- Market News
- Private sector output in Germany continued to expand strongly in June
Private sector output in Germany continued to expand strongly in June
Private sector output in Germany continued to expand strongly in June, according to flash PMI survey data from IHS Markit. That said, the rate of growth slowed to the weakest since February, with both manufacturing output and services business activity increasing at slightly softer rates than in May. The latest survey data also signalled the weakest price pressures since November 2016. Private sector employment growth eased to a six-month low, which partly explained a stronger rise in backlogs despite softer new business expansion. The IHS Markit Flash Germany Composite Output Index registered 56.1 in June, down from 57.4 in May and indicating the slowest rate of expansion since February. That said, growth remained strong overall and was among the fastest registered over the past six years. Output has risen continuously since May 2013, the second-longest sequence of growth since the series started in January 1998.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
