Particle.news

Download on the App Store

Eurozone Services PMI Rises to 51.3 in September as Germany Rebounds and France Contracts

Final readings signal a modest expansion that fell just short of initial estimates.

Overview

  • The eurozone services PMI increased to 51.3 from 50.5 in August, slightly below the 51.4 flash reading and consensus.
  • The bloc’s composite PMI edged up to 51.2, the highest in 16 months, matching the preliminary estimate.
  • Germany’s services PMI climbed to 51.5 from 49.3, an eight‑month high, though it missed the 52.5 market forecast.
  • Germany’s composite PMI improved to 52.0 from 50.5, reinforcing signs of late‑quarter momentum.
  • France’s services PMI slipped to 48.5 and its composite to 48.1, indicating contraction and undershooting expectations.