Germany sees output growth

A RISE in output helped German manufacturing activity expand for the second month running in November, driving an increase in private sector growth in Europe&rsquo;s largest economy, a survey showed yesterday.<br /><br />A flash estimate of the Markit composite purchasing managers&rsquo; index (PMI), which surveys the services and manufacturing sectors, showed growth for the fourth month running with a reading of 53.5, up from 52.3 in October. <br /><br />A reading of 50 marks the threshold separating growth from contraction.