Mumbai, July 24 -- Germany's private sector activity expanded at a faster pace in July, with the Flash PMI Composite Output Index jumping by 1.7 points on a monthly basis to 51.2 and reaching a 4-month high, S&P Global revealed in its preliminary report on Friday.
The country's Flash Services PMI Business Activity Index advanced by one point to 49.6 in the reported month, while the Flash Manufacturing PMI increased by 1.9 points to 52.2, both figures also reaching a four-month high. Meanwhile, the Flash Manufacturing Output Index rose by 3.1 points to reach a 53-month high at 54.7.
Published by HT Digital Content Services with permission from Capital Market....