Germany's private sector growth softened in November with slower increases in both services and manufacturing, flash purchasing managers' survey results from S&P Global showed on Friday.
The composite output index slid more-than-expected to 52.1 in November from a 29-month high of 53.9 a month ago. The result reflected slower rates of growth in both manufacturing and services.
The survey showed that factory production logged its weakest growth since July. Similarly, services activity growth slowed in November.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.