Germany's Service PMI Figures for June Show Slight Adjustment to 53.1

Wednesday, 3 July 2024, 07:55
The latest data reveals a minor revision in Germany's service sector PMI for June, now standing at 53.1, slightly lower than the initial estimate of 53.5. Despite this adjustment, the services industry continues to indicate growth, albeit at a slightly slower pace. The final reading from HCOB on July 3, 2024, sheds light on the current state of Germany's service sector.
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Germany's Service PMI Figures for June Show Slight Adjustment to 53.1

Germany June Service PMI Revision

The final reading from HCOB on 3rd July 2024 shows a slight decline in Germany's service PMI for June, now at 53.1, down from the initial 53.5.

Key Points:

  • PMI Figure: 53.1
  • Revision: Down from 53.5 prelim
  • Significance: Indicates continued growth

Despite the slight adjustment, this data highlights the ongoing expansion of Germany's service sector.

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