德国7月私营部门增长持续疲弱

Group 1 - The core viewpoint of the article highlights the continued weakness in Germany's private sector growth as indicated by the July PMI data, particularly in manufacturing [1] - Manufacturing PMI remains below the neutral line, suggesting ongoing fragility in the sector, although manufacturing output has expanded for five consecutive months, indicating signs of recovery [1] - The services sector is no longer a drag on economic growth, with new business volumes in July experiencing their first increase in nearly a year after ten months of decline [1] Group 2 - The improvement in economic outlook aligns with expectations, driven by real wage growth and expansionary fiscal policies that are likely to support overall economic stabilization [1]