Germany Services PMI Jumps to 52.9, Highest Since February, on Demand Recovery

Germany's services PMI rose to 52.9 in September from 49.7, the highest since February, with the composite PMI at 53.8, a near-year high. The expansion is driven by a demand recovery, but renewed inflationary pressures from rising input costs and prices charged could complicate ECB policy. This signals improving growth momentum in the eurozone's largest economy, though inflation risks temper the positive read.