Financial News: German Private Sector Growth At 3-Month Low

German Private Sector Growth At 3-Month Low

03/24/2026 - 07:16:00 (RTTNews)

(RTTNews) - Germany's private sector expanded at the slowest pace in three months in March and cost pressures intensified due to the war in the Middle East, flash survey results from S&P Global revealed Tuesday.

The flash composite output index posted 51.9 in March, down from 53.2 in February. The score was forecast to fall to 51.8.

"March's flash data show the first impacts of the war in the Middle East on growth, demand, business confidence and, perhaps most notably, prices," S&P Global Market Intelligence Economics Associate Director Phil Smith said.

The services Purchasing Managers' Index registered a 7-month low of 51.2 in March compared to 53.5 in the prior month. The reading was expected to drop to 52.5.

On the other hand, the manufacturing PMI hit a 45-month high of 51.7, up from 50.9 in February. The reading was seen at 49.6.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Building Approval Data Due On Monday (01 hr(s), 39 min(s), 58 sec(s) ago)
(RTTNews) - Australia will on Monday release March figures for building approvals, highlighting a ...Full Story»

U.S. Manufacturing Index Unexpectedly Unchanged In April (08 hr(s), 54 min(s), 58 sec(s) ago)
(RTTNews) - Manufacturing activity in the U.S. expanded for the fourth consecutive month in April, ...Full Story»

UK Mortgage Approvals Rise Unexpectedly (11 hr(s), 31 min(s), 58 sec(s) ago)
(RTTNews) - UK mortgage approvals rose unexpectedly in March, reaching a four-month high, while co ...Full Story»

UK Manufacturing Activity Growth Near 4-Year High (13 hr(s), 16 min(s), 58 sec(s) ago)
(RTTNews) - The UK manufacturing activity growth reached a near four-year high in April, driven by ...Full Story»

UK House Price Growth Rises Despite Middle East Uncertainty (15 hr(s), 40 min(s), 58 sec(s) ago)
(RTTNews) - UK house prices logged a faster growth in April despite geopolitical tensions in the M ...Full Story»

Ireland Manufacturing Activity Expands Most Since 2022 (17 hr(s), 33 min(s), 58 sec(s) ago)
(RTTNews) - Ireland's manufacturing activity grew at the fastest pace since May 2022, underpin ...Full Story»

European Economic News Preview: UK Mortgage Approvals Data Due (18 hr(s), 05 min(s), 58 sec(s) ago)
(RTTNews) - Mortgage approvals and final manufacturing Purchasing Managers' survey results fro ...Full Story»

Japan Manufacturing PMI Jumps To 55.1 In April - Jibun Bank (04 min(s), 02 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to expand in April, and at a faster pace, ...Full Story»