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German private sector shows mixed growth in February, with services expanding but manufacturing still contracting.
Germany's private sector growth improved in February, with services expanding and manufacturing contracting at its slowest pace in two years.
The composite output index reached 51.0, its highest in nine months.
However, growth expectations for the year were revised down due to concerns over tariffs and geopolitical issues.
Despite a slight decline in the services PMI to 52.2, the manufacturing PMI hit a 24-month high at 46.1.
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El sector privado alemán registra un crecimiento mixto en febrero, con la expansión de los servicios, pero la industria manufacturera sigue contrayéndose.