German Services Sector Growth Slows Due to Middle East Conflict

Germany's service sector experienced its slowest growth in six months in March, as demand weakened due to the ongoing conflict in the Middle East, according to a recent survey.

12 Apr, 03:00 — 12 Apr, 03:00

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cyprus-mail139d ago

German services growth hits six-month low as Middle East war hits demand

Business activity growth in Germany’s service sector abruptly lost momentum in March as demand weakened amid fallout from the war in the Middle East, a survey ‌showed this week. The final S&P Global services PMI for Germany fell to 50.9 in March from 53.5 in February, marking its lowest reading since September and slightly below […]

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German Services Sector Growth Slows Due to Middle East Conflict

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German services growth hits six-month low as Middle East war hits demand

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