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.
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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.