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German business activity accelerates to 16-month high in September

Published 23/09/2025, 09:00
German business activity accelerates to 16-month high in September

Investing.com -- German business activity grew at its fastest pace in 16 months during September, driven primarily by a rebound in the services sector, according to survey data released Tuesday.

The HCOB German flash composite Purchasing Managers’ Index (PMI), which is compiled by S&P Global, rose to 52.4 in September from 50.5 in August. The latest reading exceeded analysts’ expectations of 50.6.

The acceleration in business activity represents a positive signal for Europe’s largest economy, with the PMI figure now firmly above the 50 mark that separates growth from contraction.

The improvement was largely attributed to a stronger performance in Germany’s services sector, helping to boost the overall economic activity in the country.

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