- Analytics
- News and Tools
- Market News
- German services PMI in line with expectations in February
German services PMI in line with expectations in February
The seasonally adjusted final IHS Markit Germany Services PMI Business Activity Index dipped to a three-month low of 55.3 in February, down from January's 57.3. Despite easing, the rate of business activity growth remained robust in the context of the historical trend. Hotels & Restaurants and Post & Telecommunications were the two strongest performing areas, while Other Services - which includes health, education and leisure activities - was the only sector in which output fell. Manufacturing output growth also eased in February, down to the lowest for four months, resulting in a fall in the final IHS Markit Germany Composite Output Index to 57.6, from an 81- month high of 59.0 in January.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
