German service sector starts 2025 with business growth and job rise

Published 05/02/2025, 12:04
German service sector starts 2025 with business growth and job rise

Investing.com -- Germany’s service sector kicked off 2025 on a strong note, according to a survey released on Wednesday as business activity growth touched a six-month high and employment saw a modest increase.

The HCOB final services Purchasing Managers’ Index (PMI) experienced a rise in January, reaching 52.5 from 51.2 in December.

This increase aligns with the preliminary reading. The rise in the PMI indicates an expansion in the service sector, a positive sign for the German economy moving forward.

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