Latest ‘flash’ PMI® data from IHS Markit showed business activity across Germany’s private sector growing at the fastest rate for six months in February, amid signs of improving demand even despite a fresh wave of infections linked to the Omicron variant. Inflationary pressures in the economy meanwhile remained elevated, with average prices charged for goods and services rising at a near-record rate during the month. The headline Flash Germany PMI Composite Output Index registered 56.2 in February, up from January’s 53.8 and pointing to the strongest growth in private sector activity for six months. The uptick in the ... (full story)