Global Services Sector Shows Mixed Performance in November

China's recovery stagnates, Britain sees growth, Euro zone faces potential contraction, and Russia's growth slows.

China's economic recovery stagnated in November with a decline in manufacturing PMI and services PMI below 2019 average.
Britain's services sector grew in November after three months of declines, but companies reported an uptick in prices charged.
German services sector declined in November, although at a slower rate than the previous month.
Euro zone business activity downturn eased last month but still indicates the bloc's economy will contract again this quarter.
Russia's services sector grew at its slowest pace in 10 months in November, as new domestic and export business growth eased.
China's services activity expanded at a quicker pace in November, as the upturn in new businesses were the best seen for three months.
Ireland's services sector growth quickened for the first time since April as new business increased and exports rebounded.
Japan's service activity expanded at the slowest pace in a year in November, weighed by an accelerating decline in new exports and softer demand.