January saw a welcome, albeit modest, upturn in business activity across Germany’s private sector, according to the latest PMI ® survey data. IHS Markit’s Flash Germany Composite Output Index – which tracks the combined change in activity across the country’s manufacturing and service sectors, and is based on approximately 85% of usual monthly replies – registered 51.1 at the start of the year, up from 50.2 in December and its highest since last August. Other positive developments highlighted by the survey in January included a return to growth of new orders, a faster rate of job creation and improved business ... (full story)