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

South Korea Inflation Rises 0.3% In October (12 min(s), 10 sec(s) ago)
(RTTNews) - Consumer prices in South Korea were up a seasonally adjusted 0.3 percent on month in O ...Full Story»

Australia Rate Decision On Tap For Tuesday (01 hr(s), 12 min(s), 10 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting and then announ ...Full Story»

U.S. Manufacturing Index Unexpectedly Edges Lower In October (08 hr(s), 15 min(s), 10 sec(s) ago)
(RTTNews) - Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate i ...Full Story»

Czech Factory Activity Contracts Most In 9 Months (09 hr(s), 09 min(s), 10 sec(s) ago)
(RTTNews) - The Czech Republic's manufacturing downturn deepened in October amid faster falls ...Full Story»

Latvia Industrial Output Growth Quickens To 6.5% (09 hr(s), 42 min(s), 10 sec(s) ago)
(RTTNews) - Latvia's industrial production growth rebounded sharply in September, data from th ...Full Story»

Greece Manufacturing Activity Regains Growth Momentum (10 hr(s), 07 min(s), 10 sec(s) ago)
(RTTNews) - Greece's factory activity expanded at an accelerated pace in October amid stronger ...Full Story»

UK Manufacturing PMI At 1-Year High (10 hr(s), 49 min(s), 10 sec(s) ago)
(RTTNews) - The UK manufacturing activity shrank in October but the pace of contraction was the sl ...Full Story»

Turkey Factory Activity Remains In Contraction (10 hr(s), 53 min(s), 10 sec(s) ago)
(RTTNews) - The manufacturing activity in Turkey deteriorated at a slightly faster pace in October ...Full Story»