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24.03.202608:38:08UTC+00Germany Services PMI Falls to 7-Month Low

Germany’s flash Services PMI slipped to 51.2 in March 2026 from 53.5 in February, undershooting market expectations of 52.5 and reaching a seven‑month low. New business inflows declined slightly, ending a five‑month expansion streak, as firms pointed to rising uncertainty, tighter financial conditions, and customers’ difficulties in coping with higher costs. Cost pressures continued to mount, though the pace of output price inflation eased to a three‑month low and remained above its long‑term average. On the labor front, job cuts slowed, providing a measure of stability. However, overall sentiment deteriorated, with business expectations falling to an 11‑month low, albeit still in positive territory.

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