Germany is still at risk of falling into recession this autumn, says Markit’s Phil Smith, based on today’s PMI survey. He’s concerned that ‘cracks’ are appearing in its service sector, with new order growth very weak and business confidence at a near five-year low.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
French pick up pace ? Q1 : 0.3% Q2 : 0.2%