-
German service sector business activity growth hits two-year high in December
Business activity in Germany’s service sector rose at the fastest rate for two years in December, marking a strong finish to a highly positive year for the eurozone’s largest economy, according to the latest PMI® survey data from IHS Markit. The rise in business activity was matched by similar robust increases in new work and employment, with rates of growth accelerating slightly in both cases. Furthermore, firms’ confidence towards future prospects rebounded after easing in November and was among the highest seen in the past seven years. The seasonally adjusted final IHS Markit Germany Services PMI Business ... (full story)