• Germany's final services PMI declines to 54.1 in September

Market news

5 October 2015

Germany's final services PMI declines to 54.1 in September

Markit Economics released final services purchasing managers' index (PMI) for Germany on Monday. Germany's final services purchasing managers' index (PMI) decreased 54.1 in September from 54.9 in August, down from the preliminary reading of 54.3.

"Output continued to rise at a robust rate as service providers benefitted from increased demand. Some panellists also mentioned that the need to build shelters for refugees had led to higher activity," an economist at Markit, Oliver Kolodseike, said.

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