03:52 AM EDT, 10/23/2026 (MT Newswires) -- Germany's private sector grew in October at a slower pace as business activity in the service sector "modestly" rose, while manufacturing output maintained "robust" growth, albeit at its softest rate since July. The S&P Global Flash Germany Composite PMI Output Index came in at 52.8, down from the 11-month high of 53.8 in September, data from S&P Global showed Friday. The reading is below the consensus estimate of 53.3, marking a two-month low but signaling business activity growth for the fourth consecutive month. For the manufacturing sector, the PMI was at a two-month high of 54.2, against the prior reading of 53.9 and market forecast of 53.5. On the services side, the PMI hit a two-month low of 51.7, compared with the previous 52.9 and consensus estimate of 52.5.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.