Financial News: German Private Sector Contracts

German Private Sector Contracts

05/21/2026 - 06:00:00 (RTTNews)

(RTTNews) - Germany's private sector contracted in May amid a backdrop of weakening demand and high inflationary pressures, flash survey data from S&P Global showed Thursday.

The flash composite output index fell to 48.6 in May from 48.4 in April. A score below 50.0 indicates contraction. Economists had forecast the index to remain unchanged at 48.4.

The decline was centered on the service sector, where business activity decreased for the second straight month. Meanwhile, factory output registered a fractional rise.

The flash services Purchasing Managers' Index logged 47.8 in May, up from 46.9 in the previous month. The score was forecast to rise to 47.1.

Meanwhile, the manufacturing PMI declined to a four-month low of 49.9 in May from 51.4 in April. The expected score was 51.0.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Bank Of Canada Leaves Interest Rates Unchanged Once Again (05 min(s), 30 sec(s) ago)
(RTTNews) - In a widely expected move, the Bank of Canada announced on Wednesday that it has once ...Full Story»

U.S. Consumer Prices Increase 0.5% In May, In Line With Estimates (15 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U ...Full Story»

U.S. Consumer Prices Increase 0.5% In May, In Line With Estimates In May (16 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In May (01 hr(s), 37 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U ...Full Story»

Bulgarian Industrial Output Shrinks 4.1% In April (02 hr(s), 37 min(s), 30 sec(s) ago)
(RTTNews) - Bulgaria's industrial production decreased in April after recovering in the previo ...Full Story»

Slovakia Industrial Production Falls 3.2% (02 hr(s), 56 min(s), 30 sec(s) ago)
(RTTNews) - Slovakia's industrial production decreased for the third straight month in April a ...Full Story»

Austria Production Index Rises 0.6% (03 hr(s), 12 min(s), 30 sec(s) ago)
(RTTNews) - Austria's production index expanded for the second straight month in April, data f ...Full Story»

Denmark Inflation Rises To 1.9% In May (03 hr(s), 45 min(s), 30 sec(s) ago)
(RTTNews) - Denmark's consumer price inflation increased further in May to the highest level i ...Full Story»