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German Private Sector Downturn Deepens - Vimarsana News

German Private Sector Downturn Deepens

Germany's private sector posted another sharp contraction in February, flash data compiled by S&P Global showed on Thursday. The composite output index dropped to a four-month low of 46.

German Factory Orders Log Unexpected Growth - Vimarsana News

German Factory Orders Log Unexpected Growth

Germany's factory orders grew unexpectedly at the end of the third quarter underpinned by foreign demand, official data from Destatis showed on Monday. However, reinforcing fears of recession, Purchasing Managers' survey results suggested that the private sector contracted for the fourth straight month in October reflecting declines in both manufacturing production and services activity.

German Factory Orders Growth Accelerates; Private Sector Expands For Second Month - Vimarsana News

German Factory Orders Growth Accelerates; Private Sector Expands For Second Month

Germany's factory orders growth accelerated in February driven by higher demand for motor vehicles and automobile engines and the overall private sector expanded for the second straight month in March reflecting the upturn in the service sector.