COVID curbs dampen activity in German services sector in Dec -PMI

Capt. John

Restrictions to contain the coronavirus dampened activity in Germany’s services sector in December and concerns over the Omicron variant clouded the outlook for January, a survey showed on Wednesday. IHS Markit’s final Purchasing Managers’ Index (PMI) for services found that activity in the sector had fallen to 48.7 from 52.7 in November. The reading was …

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