German's services economy ended the second quarter on a more stable footing, helped by signs of a pick-up in activity across some of the sectors hit hardest by the initial coronavirus disease 2019 (COVID-19) lockdown. Latest IHS Markit PMI® data showed the declines in total services activity and new orders easing to the weakest during the crisis so far, whilst a strong recovery in business confidence also helped soften the rate of job losses. The headline seasonally adjusted IHS Markit Germany Services PMI Business Activity Index – which is based on responses to a single question asking about changes in the volume of ... (full story)