The euro zone composite Purchasing Managers’ Index (PMI), which covers manufacturing and services, rose to 47.8 in November’s final reading from 47.3 in November, it said on Monday ( 5) S&P Global, in the final data reading.
The PMI for the euro zone services sector alone fell slightly from 48.6 in October to 48.5 in November, at a 21-month low and slightly below the stability forecast by analysts surveyed by the The Wall Street Journal🇧🇷
Germany
In Germany, the composite PMI rose from 45.1 in October to 46.3 in November, S&P Global reported on Monday.
Only in the service sector, the PMI retreated from 46.5 in October to 46.1 in November, against a forecast of 46.4 by analysts surveyed by the The Wall Street Journal🇧🇷
Germany’s services PMI remains, however, well below the 50 mark, which marks contraction expansion in this survey.
Source: CNN Brasil
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