Germany HCOB Services PMI below forecasts (53.1) in July: Actual (52)

Jul 24, 2024

Germany HCOB Manufacturing PMI below forecasts (44) in July: Actual (42.6)

German Preliminary Manufacturing PMI declines to 42.6 in July vs. 44.0 expected

The German manufacturing sector contraction unexpectedly deteriorated in July while the services sector also underperformed, the preliminary business activity report published by the HCOB survey showed Wednesday.