Germany's private sector growth accelerated to a four-month high in February, underpinned by improved performances in manufacturing and services, flash survey results from S&P Global revealed Friday. The HCOB flash composite output index registered 53.1 in February, up from 52.1 in January. This was the highest score since last October and well above economists' forecast of 52.3.
"Hurray, German industry is growing again," Hamburg Commercial Bank Chief Economist Cyrus de la Rubia said. "For the first time in more than three-and-a-half years, the headline manufacturing PMI is back in expansionary territory," de la Rubia added.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.