EconomyGerman services downturn eases in July as demand picks up, PMI shows
Germany’s services sector contracted only slightly in July, according to a business survey released on Wednesday. Demand improved modestly during the month. New business also increased for the first time in five months. The results point to a less severe downturn in the sector.
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Reuters★★★☆☆2026-08-05 09:40Original
German services downturn eases in July as demand picks up, PMI shows
Economy