Output growth was maintained across the German private sector in February, according to the latest Markit Flash Germany Composite Output Index. At 52.9, down from 53.9 in January, the seasonally adjusted index was above the 50.0 no-change value for the third month running. The latest reading signalled a solid pace of expansion, albeit less marked than the seven-month high reached in January. Higher levels of business activity were seen in both the manufacturing and service sectors during February, with the former recording the faster rate of growth
