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IHS MArkit says that the flash PMI data.....>

GERMANY
GERMANY: IHS MArkit says that the flash PMI data showed a "further pick-up in
the rate of growth of Germany's private sector economy from a 20-month low in
May to a five-month high, driven by a stronger increase in manufacturing output.
New order growth also gathered pace, seeing the steepest rise for four months.
Private sector firms continued to add staff at a marked rate, while price
pressures intensified".
- While on pricing IHS Markit says that average pricing rose at fastest rate in
5-months with service providers increasing prices at 2nd "highest rate ever
recorded".
- The only downside see was in business confidence which remained "subdued".
"The Future Output Index was at its second-lowest level in 20 months, remaining
well below the highs seen in 2017", IHS Markit added
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