News Formal

German business activity slump suggests recession 'well underway' -PMI

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Business activity in Germany contracted for a fourth straight month in October as manufacturing's downturn was matched by a renewed decline in services, a preliminary survey showed on Tuesday, suggesting a recession is well underway.

The HCOB German Flash Composite Purchasing Managers' Index , compiled by S&P Global, fell to 45.8 in October from September's 46.4, below the 46.7 forecast by economists.The composite PMI index tracks the services and manufacturing sectors that together account for more than two-thirds of the German economy, Europe's biggest.

Business activity in the services sector was unexpectedly back in contraction territory after slight growth the month before, with the reading falling to 48.0 from 50.3 in September. Analysts polled by Reuters had expected a reading of 50.0. The manufacturing PMI rose slightly for the fourth month in a row, to 40.7 from 39.6 in September, in line with analysts' expectations, though still deep in contraction territory.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

German business activity slump suggests recession 'well underway' -PMIGerman business activity slump suggests recession 'well underway' -PMI
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Paramount's Shari Redstone is open for business, but business may not be open for herParamount Global controlling shareholder Shari Redstone is open to doing a transformative deal, but market conditions are making it very difficult.
출처: NBCNewYork - 🏆 270. / 63 더 많은 것을 읽으십시오 »