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Germany Services PMI Is Falling: Can Investor Confidence Return?

Sarah Sands
Germany Services PMI Is Falling: Can Investor Confidence Return?

According to data provided by Markit Economics, the final Markit Germany Services PMI (Purchasing Managers’ Index) showed a softer rise in April. It was 53 in April compared to 53.9 in March and didn’t meet the preliminary market estimate of 54.1. It was the weakest expansion in services activity since September 2016.