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German composite output PMI rises to 50.3 (flash 50.5) in December from 49.2 in November;...

German composite output PMI rises to 50.3 (flash 50.5) in December from 49.2 in November; services 52 (52.1) vs 49.7. "The rise in service sector activity was the most marked since April 2012, but somewhat subdued in the context of the long-run survey average," says Markit. "Service providers continued to run down their volumes of outstanding work and job creation was sluggish" vs H1. (PR)
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