Final Services PMI 49.3 vs. 49.4 expected and 51.6 prior.Final Composite PMI 47.2 vs. 47.3 expected and 48.6 prior.Key findings:HCOB Germany Services PMI Business Activity Index at 49.3 (Oct: 51.6). 9-month low. HCOB Germany Composite PMI Output Index at 47.2 (Oct: 48.6). 9-month low. Further falls in new business and employment as price pressures spike higherComment:Commenting on the PMI data, Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: “Hopes that the service sector could keep the German economy afloat in the long run pretty much vanished in November. After eight months of growth, the PMI for services dipped into negative territory. This means it can't make up
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