Germany HCOB Services PMI registered at 47.6, below expectations (49.5) in January

Germany HCOB Services PMI registered at 47.6, below expectations (49.5) in January
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Germany HCOB Composite PMI declines to 47.1 in January vs. 47.8 expected

Business activity in Germany's private sector continued to contract at an accelerating pace in early January, with HCOB Composite PMI declining to 47.1 from 47.4 in December.
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