CoinWorld News reports that Germany's April composite PMI fell to 48.3, dropping below the 50 expansion/contraction line for the first time since May last year, indicating an economic contraction. S&P Global pointed out that escalating Middle East conflicts increase uncertainty and push up prices, causing setbacks in the country's private sector activity, with the services PMI dropping to its lowest level since the end of 2022.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin