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German Private Sector Downturn Eases On Cooling Inflation, Lower Recession Fears

Por: RTTNews Business January 24, 2023

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Germany's private sector downturn softened to a stable footing at the start of the year amid a moderation in price pressures along with a renewed positive outlook on reducing recession risks and ongoing strength in the job market, flash survey data from S&P Global showed on Tuesday.The flash composite output index rose to a seven-month high of 49.7 in January from 49.0 in December. The index was forecast to rise slightly to 49.6.However,... + full article



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