January’s ‘flash’ PMI® data from IHS Markit indicated an upturn in business activity across the German economy, led by a stronger performance from the country’s manufacturing sector as supply bottlenecks showed further tentative signs of easing. Price pressures remained elevated, however, with the rates input cost and output charge inflation staying close to recent record highs. January saw the headline Flash Germany PMI Composite Output Index tick up to 54.3 from December’s 18-month low of 49.9, to signal solid growth in business activity across the private sector after a slowdown at the end of 2021. The upturn was ... (full story)