Mumbai, Sept. 23 -- September saw an uptick in business activity growth across the German private sector, according to the latest 'flash' HCOB PMI survey data. Output rose to the greatest extent for 16 months, driven predominantly by a renewed upturn in the service sector.
There were, however, signs of fragile demand, with the latest data indicating a broad-based decrease in inflows of new work. Employment also fell in both monitored sectors, amid a general weakening of business expectations for the year ahead.
On the price front, September flash data showed a slight pick-up in inflationary pressures, with the rates of increase in input costs and output charges accelerating to their fastest for six and five months, respectively.
The HCOB...