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German services sector growth remains solid in April - PMI

Reuters    Translate This Article
4 May 2017

On 4 May 2017 Reuters reported: Germany's services sector fell slightly but remained strong in April, a survey showed on Thursday, suggesting Europe's largest economy will post healthy growth in the first quarter. Markit's final services Purchasing Managers' Index (PMI) . . . beat a flash estimate and remained well above the 50.0 mark that separates growth from contraction. Improving demand and increased staffing kept business sentiment in positive territory as service providers anticipate growth over the next 12 months . . . Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

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