India, May 21 -- Germany's private sector contracted in May amid a backdrop of weakening demand and high inflationary pressures, flash survey data from S&P Global showed Thursday.The flash composite output index fell to 48.6 in May from 48.4 in April. A score below 50.0 indicates contraction. Economists had forecast the index to remain unchanged at 48.4.The decline was centered on the service sector, where busines...
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....