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Germany June final services PMI 54.1 vs 54.1 prelim

Prior 57.2Composite PMI 50.6 vs 50.8 prelimPrior 53.9The services sector remains the only bright spot in the German economy but even the rate of expansion there has slowed markedly. Overall, it is still able to carry a marginal growth for the month of June but it doesn't bode well for the outlook if demand conditions continue to falter down the road. HCOB notes that:"Is this now the turning point in the services sector that has been expected for some time? After the HCOB PMI services business ac... Read More

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Content Topics

Germany

June

Final

Services

54 Prelim

Forex

Posted: Jul 5 2023, 07:55

Author Name: forexlive

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