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Costs Surge for German, French Economies on Russian Invasion

  • German flash composite PMI falls to 54.6 in Feb.; est. 53.8
  • Faster growth in France was solely driven by services
Pedestrians on Alexanderplatz square in central Berlin.

Pedestrians on Alexanderplatz square in central Berlin.

Photographer: Liesa Johannssen-Koppitz/Bloomberg

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Europe’s two largest economies are facing a sharp increase in price pressures along with new supply problems due to Russia’s invasion of Ukraine, with the impact expected to develop further in the coming months.