IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

German Business Activity Expands in September

German business activity expanded solidly in September despite firms facing increased inflationary pressures. The S&P Global Flash Composite PMI Index rose to 53.8.

Xurve View
Insights:
A cargo ship is seen on river Main in front of the skyline during a summer evening in Frankfurt, Germany, August 13, 2023. REUTERS/Kai Pfaffenbach

Germany's business activity expanded solidly in September as the composite PMI rose to 53.8 from 51.8 in August. The reading exceeded the 51.8 consensus forecast compiled by Reuters. The expansion signals robust economic resilience despite persistent cost pressures.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.