Germany Markit/BME Oct services PMI final report 6 Nov

  • 55.2 flash
  • composite 56.6 vs 56.9 exp/flash

Softer final readings from EZ's No 1 economy

Says Markit:

Germany's service sector started the fourth quarter on a strong footing, despite growth in business activity easing slightly since September, according to the latest PMI® survey data from IHS Markit.

Inflows of new work rose at the fastest pace for 20 months in October, signalling a backdrop of robust demand, and job creation also picked up to show the strongest increase in tertiary sector employment since May.

Full report here