• Germany’s service sector saw its slowest rise in business activity for three months in November

Market news

5 December 2017

Germany’s service sector saw its slowest rise in business activity for three months in November

Germany's service sector saw its slowest rise in business activity for three months in November, but still enjoyed a solid growth performance overall.

The seasonally adjusted final IHS Markit Germany Services PMI Business Activity Index came in at 54.3 in November, down slightly from 54.7 in October (as well as the earlier 'flash' estimate of 54.9) and signalling the slowest pace of growth for three months. Still, the average for the fourth quarter so far remained above that recorded in the three months to September.

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