March data signalled further marked growth in Germany’s private sector, with the seasonally adjusted Markit Flash Germany Composite Output Index registering 55.0. Although down from February’s 33-month high of 56.4, the pace of expansion remained marked and above the longrun series average. The easing in the rate of activity growth was broadbased, with both manufacturers and service providers indicating weaker expansions than seen in February. Companies in the goods producing sector reported the slowest rise in output since November, while growth in the service sector eased to a two-month low. In line with a weaker ... (full story)