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2.1

Germany Services PMI Stagnant at 49.7, New Orders Improve

Germany's services PMI edged down to 49.7 in August from 49.8, remaining in contraction territory for the second month. New business grew for a second consecutive month, suggesting a gradual stabilization, but the sector overall remains weak. This is a marginal data point with limited market impact.

Valor Econômicoabout 4 hours agoDECredibility 45%View source

Score Breakdown

Mosaic Score2.1
Confidence0.5
Significance0.1
Source credibility0.5

Intelligence Tags

#germany#services-pmi#eurozone#economic-data

Locations

Germany

Entities

country
Source

Related signals

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