German business activity experienced a robust upswing in October, reaching its highest level in over two years, according to the latest Purchasing Managers’ Index (PMI) data released on Tuesday. The surge highlights a notable recovery in Europe’s largest economy amid easing supply chain disruptions and improving domestic demand. The figures provide a positive signal for economic growth as Germany navigates ongoing global uncertainties.
German Business Activity Hits Highest Level Since Early 2021 Driven by Strong Manufacturing and Services Growth
October saw a robust uptick in Germany’s economic landscape, with the Purchasing Managers’ Index (PMI) revealing an upswing unseen since early 2021. Both the manufacturing and services sectors contributed significantly to this surge, underscoring resilience amid global uncertainties. Manufacturing output expanded at a rapid pace, fueled by increased domestic demand and ongoing recovery in export markets. Meanwhile, the services sector…
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Author : Jackson Lee
Publish date : 2025-10-26 05:38:00
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