Germany PMI manufacturing dropped to 52 in Jun, services down to 52.4

Germany PMI Manufacturing dropped from 54.8 to 52.0 in June, below expectation of 54.0. That’s the lowest level in 23 months. PMI Services dropped from 55.0 to 52.4, below expectation of 54.5, a 5-month low. PMI Composite dropped from 53.7 to 51.3, a 6-month low. Phil Smith, Economics Associate Director at S&P Global Market Intelligence […]

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