Germany HCOB Services PMI below expectations (49.5) in May: Actual (47.2)

May 22, 2025

Germany HCOB Manufacturing PMI registered at 48.8, below expectations (48.9) in May

German Preliminary Manufacturing PMI improves to 48.8 in May vs. 48.9 expected

The German manufacturing sector activity picked up and the services sector deepened its contraction in May, the preliminary business activity report published by the HCOB survey showed on Thursday.