FOREX TradingCharts.com

Financial News: Germany's Private Sector Expands Most In 6 Months

Germany's Private Sector Expands Most In 6 Months

08/23/2018 - 03:51:00 (RTTNews)

(RTTNews) - Germany's private sector activity grew at the fastest pace in six months in August, flash data from IHS Markit showed Thursday.

The composite output index improved to 55.7 in August from 55.0 in July. This was the highest reading since February and above the forecast of 55.1.

The services Purchasing Managers' Index rose to 55.2 from 54.1 in July. The score was expected to rise marginally to 54.3.

On the other hand, the manufacturing PMI slid to 56.1 from 56.9 in the previous month. Economists had forecast the index to fall moderately to 56.5.

Phil Smith, principal economist at IHS Markit said, "German business continued to display remarkable resilience during August, with the latest PMI data going some way to dispel any fears about a global trade slowdown and its impact on the health of the economy."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Eurozone Construction Output Rises At Slower Pace (35 min(s), 54 sec(s) ago)
(RTTNews) - Eurozone construction output grew at a slower pace in July reflecting contraction in c ...Full Story»

Portugal Producer Price Inflation Accelerates For Fifth Month (56 min(s), 54 sec(s) ago)
(RTTNews) - Portugal's industrial producer prices accelerated for a fifth straight month in Au ...Full Story»

Eurozone Current Account Surplus Declines In July (01 hr(s), 05 min(s), 54 sec(s) ago)
(RTTNews) - The euro area current account surplus decreased in July largely due to a fall in visib ...Full Story»

Bank Of Japan Maintains Massive Monetary Stimulus (01 hr(s), 39 min(s), 54 sec(s) ago)
(RTTNews) - The Bank of Japan maintained its ultra-loose monetary policy at its September meeting ...Full Story»

UK Inflation At 7-Month High (02 hr(s), 49 min(s), 54 sec(s) ago)
(RTTNews) - UK inflation rose to a seven-month high in August, the Office for National Statistics ...Full Story»

South Africa Inflation Unexpectedly Slows In August (03 hr(s), 03 min(s), 54 sec(s) ago)
(RTTNews) - South Africa's consumer price inflation slowed in August, after surging in the pre ...Full Story»

SECO Raises Swiss GDP Growth Outlook (04 hr(s), 41 min(s), 54 sec(s) ago)
(RTTNews) - The Swiss federal government's expert group raised its growth outlook for 2018 but ...Full Story»

Europe's Passenger Car Registrations Increase: ACEA (05 hr(s), 23 min(s), 54 sec(s) ago)
(RTTNews) - Europe's passenger car registrations increased at faster rates in July and August, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Eurozone Construction Output Rises At Slower Pace

09/19/2018 - 07:06 AM (RTTNews)
(RTTNews) - Eurozone construction output grew at a slower pace in July reflecting contraction in c ...Full Story>>

Portugal Producer Price Inflation Accelerates For Fifth Month

09/19/2018 - 06:45 AM (RTTNews)
(RTTNews) - Portugal's industrial producer prices accelerated for a fifth straight month in Au ...Full Story>>

Eurozone Current Account Surplus Declines In July

09/19/2018 - 06:36 AM (RTTNews)
(RTTNews) - The euro area current account surplus decreased in July largely due to a fall in visib ...Full Story>>

Bank Of Japan Maintains Massive Monetary Stimulus

09/19/2018 - 06:02 AM (RTTNews)
(RTTNews) - The Bank of Japan maintained its ultra-loose monetary policy at its September meeting ...Full Story>>

UK Inflation At 7-Month High

09/19/2018 - 04:52 AM (RTTNews)
(RTTNews) - UK inflation rose to a seven-month high in August, the Office for National Statistics ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.