Financial News: German Private Sector Growth Accelerates

German Private Sector Growth Accelerates

09/23/2025 - 04:06:00 (RTTNews)

(RTTNews) - Germany's private sector growth hit a 16-month high in September on a renewed upturn in the service sector, flash survey results from S&P Global revealed on Tuesday.

The HCOB composite output index rose to 52.4 in September, while it was expected to remain unchanged at 50.5.

The reading stayed above the 50.0 threshold for a fourth straight month and signaled the quickest expansion in the private sector since May 2024.

The stronger performance reflected a renewed increase in the service sector business activity that followed a slight decrease in August. The services Purchasing Managers' Index rose to an eight-month high of 52.5 from 49.3 in the previous month. The reading was also above forecast of 49.5.

By contrast, the factory PMI declined to 48.5 from 49.8 in the previous month. The reading was seen at 50.0.

"The overall economy is growing at its fastest clip in 16 months," Hamburg Commercial Bank Chief Economist Cyrus de la Rubia said.

"But do not get too comfortable. Orders are under pressure, especially in manufacturing but also in services, signalling another slowdown could be on the horizon," de la Rubia added.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Poland Jobless Rate Rises To 30-Month High (01 hr(s), 14 min(s), 08 sec(s) ago)
(RTTNews) - The unemployment rate in Poland increased further in August to the highest level in tw ...Full Story»

German Private Sector Growth Accelerates (01 hr(s), 35 min(s), 08 sec(s) ago)
(RTTNews) - Germany's private sector growth hit a 16-month high in September on a renewed uptu ...Full Story»

South Africa Leading Index Improves In July (01 hr(s), 50 min(s), 08 sec(s) ago)
(RTTNews) - South Africa's composite leading index strengthened for the second straight month ...Full Story»

French Private Sector Activity Weakens (01 hr(s), 52 min(s), 08 sec(s) ago)
(RTTNews) - France's private sector showed fresh signs of weakness in September as output drop ...Full Story»

Dutch Q2 GDP Expands More Than Estimated (02 hr(s), 09 min(s), 08 sec(s) ago)
(RTTNews) - The Netherlands' economy grew more than initially estimated in the second quarter ...Full Story»

Indian Private Sector Growth Eases In September (02 hr(s), 45 min(s), 08 sec(s) ago)
(RTTNews) - India's private sector growth moderated in September from a record growth seen in ...Full Story»

Malaysia Inflation Rises To 1.3% (03 hr(s), 12 min(s), 08 sec(s) ago)
(RTTNews) - Malaysia's consumer price inflation increased further in August to the highest lev ...Full Story»

Singapore Inflation Weakest Since Early 2021 (03 hr(s), 19 min(s), 08 sec(s) ago)
(RTTNews) - Singapore's inflation slowed to the lowest in more than four years in August due t ...Full Story»