‘Flash’ PMI ® survey data from IHS Markit indicated a modest expansion of German private sector business activity in February, with the rate of growth little-changed from that recorded at the start of the year. Notably, the manufacturing sector moved closer to stabilisation, with survey data indicating slower falls in output, new orders and employment. This was despite reports from goods producers of a slump in both exports and sentiment, linked to the impact of the coronavirus on activity in China and the wider region. The Flash Germany Composite Output Index – which tracks the combined change in activity across the ... (full story)