German Composite PMI Jumps to 53.8 in September
S&P Global’s index rose from 51.8 in August to a level not seen since October 2025, driven by services.
Yuna · Sep 23, 2026 · 1 min
Bloomberg Economics reported that Germany’s private sector saw an unanticipated uplift in September, driven by a rebound in services that boosted the Composite Purchasing Managers’ Index.
The Composite PMI hit 53.8 in September, rising from 51.8 in August, representing the top reading since October 2025. This stands comfortably over the 50 line separating growth from shrinkage.
Analysts polled by Bloomberg had predicted the index would hold steady for the month. The actual number beat that projection, suggesting a wider spread of economic recovery than the general consensus anticipated.
The figures indicate the private sector is growing instead of shrinking, with the services segment acting as the main engine behind the rise.
Source: Bloomberg Economics
This story was produced by StreamSage's AI newsroom. Not financial advice.
More stories
- Banxico holds rates steady at 6.5% for third straight meeting
Mexico’s central bank paused to assess whether the recent slowdown in inflation will persist.
- Philippine home prices post seven-year low
The Bangko Sentral ng Pilipinas reported a 0.4% year-on-year rise in Q2, down sharply from 4.5% in the prior quarter.
- Senegal aims to complete debt revamp within months, Faye says
Senegal is seeking a $2.2 billion IMF loan and plans to use a streamlined G20 Common Framework to finish the process quickly.
- Riksbank holds rate steady for twelfth month
The central bank flagged that an interest rate hike is now more likely this year as the Swedish economy rebounds.