Stabilization signs emerge in Germany’s services sector in June

Published 03/07/2025, 09:12
Stabilization signs emerge in Germany’s services sector in June

Investing.com -- Germany’s services sector showed signs of stabilization at the end of the second quarter, with business activity experiencing only a marginal decline in June, according to a survey released Thursday.

The HCOB final services Purchasing Managers’ Index rose to 49.7 in June, up from May’s 2-1/2-year low of 47.1.

The June figure came in slightly below the preliminary reading of 49.4 that had been reported earlier.

The improvement in the services PMI indicates that the sector is approaching the 50.0 mark that separates growth from contraction, suggesting a potential turnaround after the more significant decline observed in May.

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