European PMIs weaker than analysts’ forecasts but didn’t disappoint markets

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<p>Preliminary January PMIs for Germany showed a worsening of the situation contrary to the expected improvement. The composite PMI in January was at 47.1 against 47.4 a month earlier, and there are forecasts of an increase to 47.8. The reason for the deterioration was a dip in the services sector. The index of activity in […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/536689-european-pmis-weaker-than-analysts-forecasts-but-didnt-disappoint-markets/">European PMIs weaker than analysts’ forecasts but didn’t disappoint markets</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>