The composite index of business activity in Germany, according to preliminary data, in September rose to 53.8 points. This is according to Markit Economics.
Such dynamics of the index suggests that the euro zone's largest economy being more than satisfactory.
The index of business activity in the industrial sector in Germany has shown falling from 51.8 to 51.3 points. The result was much worse than the forecasts of economists who had expected a drop in the index to 52.2 points.
At the same time, it is the growth index in the services PMI composite index allowed to show a positive trend. The indicator rose from 52.8 to 54.4 points, while the experts forecast an increase to only 53.1 points.
In the view of Markit economist Tim Moore, the German economy continues to successfully follow the path of recovery since the beginning of September.
"Positive signals from the German economy, are at the heart of the global recovery of confidence, especially when emerging markets have lost their positive momentum," - said Moore.
