mardi 24 mars 2015
German private sector output increases at strongest rate in eight months
Posted on 01:36 by nice news
he seasonally adjusted Markit Flash Germany
Composite Output Index rose from February’s
53.8 to 55.3 in March, thereby signalling a
continuation of private sector output growth in
Germany. The current spell of growth now stretches
to 23 months and the latest rate of expansion was
the most marked since July of last year. Moreover,
output growth accelerated at both manufacturers
and service providers, with some panellists
commenting on increased order intakes and more
investments.
In line with the trend for output, new business
placed with German private sector firms also
increased at a faster pace in March, with the rate of
growth the strongest in nine months. Survey
participants noted that a positive economic
environment combined with strengthening demand
Composite Output Index rose from February’s
53.8 to 55.3 in March, thereby signalling a
continuation of private sector output growth in
Germany. The current spell of growth now stretches
to 23 months and the latest rate of expansion was
the most marked since July of last year. Moreover,
output growth accelerated at both manufacturers
and service providers, with some panellists
commenting on increased order intakes and more
investments.
In line with the trend for output, new business
placed with German private sector firms also
increased at a faster pace in March, with the rate of
growth the strongest in nine months. Survey
participants noted that a positive economic
environment combined with strengthening demand
German private sector output increases at strongest rate in eight months
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