German private sector output holds stead y in May, but new order volumes continue to decline

May data indicated a stabilisation of German private sector business activity, with both manufacturing and services output little-changed since the previous month. At 49.9, the seasonally adjusted Markit Flash Germany Composite Output Index improved from a five-month low of 49.2 in April, bu…

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German private sector output holds stead y in May, but new order volumes continue to decline

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