Germany PMIs stay in contraction, likely to be a protracted recovery

<p>Germany PMI Manufacturing rose to 44.6 in June, up from 36.6, above expectation of 41.0. PMI Services rose to 45.8, up form 32.6, above expectation of 41.1. PMI Composite rose to 45.8, up from 32.3, hitting a four-month high but stayed in contraction. Phil Smith, Principal Economist at IHS Markit said: &#8220;While the loosening of [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/305517-germany-pmis-stay-in-contraction-likely-to-be-a-protracted-recovery/">Germany PMIs stay in contraction, likely to be a protracted recovery</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>