November’s flash data signalled a further slowing in private sector output growth in Germany, as highlighted by t he seasonally adjusted Markit Flash Germany Composite O utput Index falling from 53.9 in October to 52.1 . While activity has now risen for 19 months running, the pace of expansion was the slowest since July last year , with companies commenting on a lack of new business. Sector data suggested that output growth slowed at both manufacturers and service providers . That said, the expansion in output at goods producers was broadly in line with the average for the third quarter, while service sector business ... (full story)