Germany’s services sector showed signs of stabilising in July as business activity contracted at a much slower pace and demand began to recover. The HCOB Germany Services Purchasing Managers’ Index (PMI) rose to 49.8 from 48.6 in June, its highest reading in recent months and just below the 50-point mark that separates contraction from growth. […]
Factory output across the euro zone grew at its fastest pace in nearly four and a half years in July, according to the latest S&P Global Manufacturing PMI survey. The headline manufacturing PMI rose to 51.9 from 51.4 in June, while the output index climbed to its highest level since March 2022, signalling continued expansion […]
France’s private sector remained in contraction during June, but the pace of decline eased significantly, according to the latest S&P Global Flash PMI survey. The Composite Output Index rose to 47.6 from 44.9 in May, indicating that business activity is still shrinking but showing signs of stabilization. Economists viewed the improvement as a positive signal […]
Germany’s private sector activity contracted at its fastest pace in 18 months during June, according to the latest S&P Global survey. The Composite Flash Purchasing Managers’ Index (PMI) dropped to 48.0 from 48.8 in May, falling short of market expectations and remaining below the 50-point mark that separates growth from contraction. The decline was driven […]
Economic growth across the euro zone slowed sharply in March as rising energy costs and supply chain disruptions weighed on business activity. According to data from S&P Global, the composite Purchasing Managers’ Index (PMI) for the region fell to 50.7 from 51.9 in February, marking its lowest level in nine months, though still marginally indicating […]
Germany’s service sector growth lost momentum in March, with business activity slowing sharply due to weakening demand linked to the ongoing Middle East conflict. The latest survey by S&P Global showed that the services Purchasing Managers’ Index (PMI) fell to 50.9 from 53.5 in February, marking its lowest level in seven months, though still slightly […]
Germany’s private sector lost momentum in November, with manufacturing unexpectedly contracting and the services sector expanding at a slower pace, according to the latest HCOB flash composite Purchasing Managers’ Index (PMI) compiled by S&P Global. The index slipped to 52.1 from 53.9 in October, marking a two-month low. Despite the decline, the reading stayed above






