Seeking Alpha

German business activity experiences slowdown in growth

  • German services PMI dropped to 53 (flash 54) in March from 55.9 in February.
  • Composite PMI fell to 54.3 (55) vs 56.4.
  • In the services sector, activity, new orders and employment rose at weaker rates, although service providers remained optimistic.
  • The DAX is -0.1%. (PR)
  • ETFs: EWG, EWGS, GERJ, DBGR, DXGE, FGM
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