Germany August final services PMI 51.2 vs 51.4 prelim ...Middle East

News by : (forex live) -
Final Services PMI 51.2 vs. 51.4 expected and 52.5 prior.Final Composite PMI 48.4 vs. 48.5 expected and 49.1 prior.Key findings:HCOB Germany Services PMI Business Activity Index at 51.2 (Jul: 52.5). 5-month low. HCOB Germany Composite PMI Output Index at 48.4 (Jul: 49.1). 5-month low. Input cost inflation slows to three-and-a-half year low.Comment:Commenting on the PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: “Without growth in the private service sector, Germany’s economic picture would be pretty grim. This sector, which accounts for just over 40% of the economy, has been a major stabilizing force, offsetting the recessions in manufacturing and construc

Read More Details
Finally We wish PressBee provided you with enough information of ( Germany August final services PMI 51.2 vs 51.4 prelim )

Also on site :

Most Viewed News
جديد الاخبار