• Economic growth in Germany accelerated in November, driven by a pick-up in performance in the manufacturing sector

Market news

23 November 2017

Economic growth in Germany accelerated in November, driven by a pick-up in performance in the manufacturing sector

Economic growth in Germany accelerated in November, driven by a pick-up in performance in the manufacturing sector, according to flash PMI survey data from IHS Markit. Inflows of new orders showed the strongest rise in over six-and-a-half years, leading businesses to take on staff at one of the fastest rates in the 20-year history of the composite series. The IHS Markit Flash Germany Composite Output Index registered 57.6 in November, up from 56.6 in October and coming in just shy of September's six-and-a-half year high.

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