German Private Sector Expansion Slows in October, Final Data Shows

04:12 AM EST, 11/04/2026 (MT Newswires) -- Germany's private sector economy expanded at a slower rate in October, on the back of a renewed decline in service sector demand alongside a softer yet solid rise in new orders. The final German Composite PMI Output Index ticked down to 53.4 in October from the previous 11-month high of 53.8, S&P Global said Wednesday. The final reading was above the flash estimate of 52.8. For the service sector, the final PMI clocked in at 52.5, compared with the initial estimate of 51.7 and the previous month's 52.9.