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Why Germany’s Services PMI Has Been Falling Gradually

Sarah Sands
Why Germany’s Services PMI Has Been Falling Gradually

According to data provided by Markit Economics, the final Markit Germany services PMI (purchasing managers’ index) showed a weaker rise in March 2018. It stood at 53.9 in March as compared to 55.3 in February 2018. The figure didn’t meet the preliminary market estimate of 54.2. March saw the weakest expansion in services activity since September 2017.