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Germany's services PMI to 55.0

Germany

Germany's services PMI climbed from 54.2 to 55.0 and slightly missed the economists' predictions for declination to 54.0.

Germany's manufacturing PMI to 54.4

The German manufacturing PMI dropped from 55.0 to 54.4. The economists predicted the indicator to fall to 54.8.

Euro zone

Euro zone's services PMI appreciated from 52.8 to 54.1. The analysts speculated that the region's indicator would escalate to 53.0.

The euro region's manufacturing PMI rose from 53.5 to 53.7. The economists and the analysts estimated declination to 53.3.

The business activity expanded the most, for the month of November, following the growth in buoyant services and manufacturing.

The IHS Markit Euro Zone Flash Composite PMI traded higher than 53.3 to 54.1 but slightly below last December's 54.3 figure.

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Wednesday, 23 Nov, 2016 / 12:37

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/germany-s-services-pmi-to-55.0

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