In October 2023, the PMI for the services sector in Germany was 40.8 points. The more the difference with 50 points, the more significant the change. 50 is considered a neutral value, more than 50 is an increase and less than 50 is an indicator of decreasing business activity. Business activity has not increased in Germany since June 2022.
Purchasing managers' index for the service sector in Germany from October 2021 to October 2023
Characteristic
Index value (50 = no change)
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S&P Global. (November 2, 2023). Purchasing managers' index for the service sector in Germany from October 2021 to October 2023 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1279814/purchasing-managers-index-service-sector-germany/
S&P Global. "Purchasing managers' index for the service sector in Germany from October 2021 to October 2023." Chart. November 2, 2023. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1279814/purchasing-managers-index-service-sector-germany/
S&P Global. (2023). Purchasing managers' index for the service sector in Germany from October 2021 to October 2023. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1279814/purchasing-managers-index-service-sector-germany/
S&P Global. "Purchasing Managers' Index for The Service Sector in Germany from October 2021 to October 2023." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1279814/purchasing-managers-index-service-sector-germany/
S&P Global, Purchasing managers' index for the service sector in Germany from October 2021 to October 2023 Statista, https://www.statista.com/statistics/1279814/purchasing-managers-index-service-sector-germany/ (last visited July 23, 2024)
Purchasing managers' index for the service sector in Germany from October 2021 to October 2023 [Graph], S&P Global, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1279814/purchasing-managers-index-service-sector-germany/