German private sector output growth accelerated in February, as goods production expanded at the fastest rate in over three years and services activity rose solidly. The Markit Flash Germany Composite Output Index rose from January’s fourmonth low of 54.8 to 56.1, the highest since April 2014 and signalling strong growth in the eurozone’s largest economy. Output has risen continuously since May 2013. The rate of growth in manufacturing output accelerated for the third successive month in February to the highest since January 2014. Meanwhile, the rate of expansion in services activity picked up from January’s ... (full story)