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Germany February final services PMI 50.9 vs 51.3 prelim

Germany February final services PMI 50.9 vs 51.3 prelim
  • Composite PMI 50.7 vs 51.1 prelim

A slight revision lower shows that Germany's services sector bounce wasn't as strong as anticipated but it at least secures another marginal growth in overall activity. That said, rising wages are still underpinning cost pressures and that is something to be wary about in the months ahead. S&P Global notes that:

"After contracting markedly in the final quarter of la... Read More

Posted: Mar 3 2023, 08:55
Author Name: forexlive
Views: 110532

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