Latest ‘flash’ PMI® data from S&P Global pointed to continued growth in business activity across the German economy in May, led by a strong post-lockdown recovery across the country’s service sector. However, there were signs of demand starting to come under pressure from market uncertainty, rising prices and supply issues, with manufacturers reporting the steepest drop in new orders for almost two years. Inflationary pressures remained elevated, although rates of both input cost and output price inflationticked down slightly from April’s record highs. The headline S&P Global Flash Germany PMI Composite Output ... (full story)