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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