Germany PMI services fell to 9-month low, hope of rescue evaporated

<p>Germany PMI Manufacturing ticked up from 38.8 to 39.1 in August. PMI Manufacturing Output fell from 41.0 to 39.7, a 39-month low. PMI Services tumbled sharply from 52.3 to 47.3, a 9-month low. PMI Composite dropped from 48.5 to 44.7, a 39-month low. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank, said: “Any […]</p>
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