The seasonally adjusted final IHS Markit Germany Services PMI Business Activity Index registered 54.5 in June. This represented a notable rebound from a 20-month low of 52.1 in May, when business activity had been affected by the timing of public holidays, and also an improvement on the 'flash' estimate (53.9). The latest reading signalled the strongest rate of growth since February, but one that was still well below the highs seen at the start of the year.