In April, Germany's private sector experienced growth for the first time in ten months, primarily driven by a strong performance in the services sector, as indicated by the latest PMI data. The German Services PMI rose to 53.3, surpassing the forecast of 50.5. The German Composite PMI Index also increased to 50.5, up from 47.7 in March, signaling modest expansion. This growth is part of a broader recovery in the Eurozone, where business activity reached an 11-month high, led by the service industry.
Eurozone business activity accelerates in April https://t.co/ECnEX6ECpF
Eurozone business activity rises to 11-month high https://t.co/g6JyWnXzWh
Euro zone business in services-led bounce in April, PMI survey shows https://t.co/xbSV2UiY9b https://t.co/HaaeIqQTRW
Good Morning from where the economy has returned to growth. German Composite PMI Index moved back to >50 growth threshold in Apr for 1st time in 10mths, driven by a buoyant services sector. At 50.5, up from 47.7 in Mar, it signaled a modest expansion rate in private-sector… https://t.co/DgaBeMzZO4
German business activity returns to growth in April, PMI survey shows https://t.co/M7oYmrZQjT https://t.co/vpf9sp0ZTM
⚠️ EURO ZONE BUSINESS IN SERVICES-LED BOUNCE IN APRIL, PMI SURVEY SHOWS Full Story → https://t.co/T2u1yg20ht Overall business activity in the euro zone expanded at its fastest pace in nearly a year this month as a buoyant recovery in the bloc's dominant service industry more… https://t.co/CevagPeBMq
German private sector returns to growth due to buoyant services https://t.co/3oSiZhvGaW via @weberalexander https://t.co/07poa3ECm6
German private-sector activity grew for the first time in 10 months, adding to signs that a recovery is slowly taking root in Europe’s biggest economy https://t.co/T7UxyLva5r
⚠️ GERMAN BUSINESS ACTIVITY RETURNS TO GROWTH IN APRIL, PMI SURVEY SHOWS Full Story → https://t.co/mw7Z6zeZeA Germany's private sector unexpectedly returned to growth in April, driven by a solid rise in activity in the country’s service sector, a preliminary survey showed on… https://t.co/WJHWJFmADZ
GERMANY APRIL SERVICES PMI RISES TO 53.3; FORECAST 50.5