-- Germany's private sector output contracted for the first time in nearly a year, as the impact of the Middle East conflict resulted in the sharpest drop in new orders since December 2024.
The Flash Germany Composite PMI Output Index came in at 48.3 in April 2026, down from 51.9 a month ago, flash data from S&P Global showed Thursday. The reading, which marks a 16-month low, is below the consensus estimate of 51.1.
For the manufacturing sector, the PMI was at a two-month low of 51.2, against the prior reading of 52.2 and the Investing.com market forecast of 51.4. On the services side, the PMI hit a 41-month low of 46.9, compared with the previous 50.9 and consensus estimate of 50.4.