India, Oct. 23 -- Germany's private sector growth softened in October, suggesting that the recovery remains fragile, survey data from S&P Global showed Friday.
The flash composite output index registered 52.8 in October, down from an 11-month high of 53.8 in September and economists' forecast of 53.3.
Nonetheless, the score signaled solid pace of expansion by historical standards. The slowdown was broad-based by sector. Manufacturing production continued to grow, albeit one that was the weakest since July. Meanwhile, services activity expanded for the second straight month.
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