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Germany September final services PMI 50.3 vs 49.8 prelim

Prior 47.3Composite PMI 46.4 vs 46.2 prelimPrior 44.6The German services sector grew marginally towards the end of Q3 but demand conditions are still subdued for the most part, with new business seeing an accelerated decline on the month. Adding to that is the first drop in employment conditions since mid-2020 and that could be an interesting point of discussion in the months ahead if it continues. HCOB notes that:“The recently started downturn in the German services sector looks like it is stic...
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Posted: Oct 4 2023, 07:55
Author Name: forexlive
Views: 082917