German Private-Sector Expands at Fastest Pace in 10 Months

Germany’s private sector grew at the quickest pace in 10 months on hopes that a massive increase in government spending will outweigh any hit from US tariffs.

S&P Global’s Composite Purchasing Managers’ Index for Europe’s largest economy advanced to 50.9 in March from 50.4 the previous month, data Monday showed. That kept it above the 50 threshold separating growth from contraction, but was slightly less than the 51.1 that analysts had anticipated.