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Investing.com -- Germany’s services sector started the second half of the year with renewed growth in business activity and increased demand, according to survey data released Tuesday.
The HCOB final services Purchasing Managers’ Index (PMI) rose to 50.6 in July from 49.7 in June, slightly exceeding the preliminary reading of 50.1.
The July reading marks a return to expansion territory, as any figure above 50 indicates growth in the sector, while readings below that threshold signal contraction.
The improvement in Germany’s services sector comes after the previous month’s contraction, suggesting a potential turnaround in business conditions as the country moves into the third quarter of 2025.
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