Financial News: Germany's Private Sector Growth Eases

Germany's Private Sector Growth Eases

10/23/2026 - 06:43:00 (RTTNews)

(RTTNews) - Germany's private sector growth softened in October, suggesting that the recovery remains fragile, survey data from S&P Global showed Friday.

The flash composite output index registered 52.8 in October, down from an 11-month high of 53.8 in September and economists' forecast of 53.3.

Nonetheless, the score signaled solid pace of expansion by historical standards. The slowdown was broad-based by sector. Manufacturing production continued to grow, albeit one that was the weakest since July. Meanwhile, services activity expanded for the second straight month.

The services Purchasing Managers' Index fell more-than-expected to 51.7 in October from 52.9 in the previous month. The reading was seen at 52.5.

The factory PMI stood at 54.2 compared to 53.9 in September. The score was forecast to fall moderately to 53.5.

"October's flash PMI results encouragingly showed a sustained upturn in business activity across Germany, although a slowdown in growth underscored that the recovery in the eurozone's largest economy remains fragile," S&P Global Market Intelligence Economics Associate Director Phil Smith said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Producer Prices Rise 0.3% In October, Slightly Less Than Expected (12 hr(s), 21 min(s), 31 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Friday showed producer prices in the U.S. ...Full Story»

Hungary Industrial Output Growth Confirmed At 8.2% (12 hr(s), 26 min(s), 31 sec(s) ago)
(RTTNews) - Hungary's industrial production growth eased as initially estimated in September, ...Full Story»

U.S. Producer Prices Rise Slightly Less Than Expected In October (13 hr(s), 17 min(s), 31 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Friday showed producer prices in the U.S. ...Full Story»

Hong Kong Q3 Economic Growth Confirmed At 5.2% (13 hr(s), 39 min(s), 31 sec(s) ago)
(RTTNews) - Hong Kong's economic growth improved as initially estimated in the third quarter, ...Full Story»

Cyprus GDP Growth Eases To 3.1% In Q3 (14 hr(s), 0 min(s),31 sec(s) ago)
(RTTNews) - Cyprus' economic growth rate moderated in the third quarter after rebounding in th ...Full Story»

Spain Inflation Remains Stable; Matches Estimate (14 hr(s), 14 min(s), 31 sec(s) ago)
(RTTNews) - Spain's consumer price inflation remained stable in October, final data from the s ...Full Story»

French Consumer Price Inflation Rises As Estimated (14 hr(s), 23 min(s), 31 sec(s) ago)
(RTTNews) - France's inflation rose to its highest level in nearly three years in October as i ...Full Story»

Bulgaria GDP Growth Eases To 2.5% In Q3 (15 hr(s), 02 min(s), 31 sec(s) ago)
(RTTNews) - Bulgaria's economy expanded at a slightly slower pace in the three months ended ...Full Story»