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Germany December final services PMI 49.2 vs 49.0 prelim

Germany December final services PMI 49.2 vs 49.0 prelim
  • Composite PMI 49.0 vs 48.9 prelim

Just a slight revision higher, as German services activity comes up to a five-month high. That said, it still points towards a contraction even as price pressures continue to retreat from recent highs. Business optimism remains subdued and the outlook remains dim as there are plenty of headwinds still in force at the moment. S&P Global notes that:

"Germany's service... Read More

Posted: Jan 4 2023, 08:55
Author Name: forexlive
Views: 110726

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