Germany composite PMI drops in September as growth expectations slump

seekingalpha10-03

Services PMI in Germany decreased to 50.60 points in September, a 6-month low. This compares to previous month's figure of 51.20 points in August, meeting consensus. Composite PMI decreased to 47.50 ...

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Composite PMI decreased to 47.50 ...</p>\n\n<a href=\"https://seekingalpha.com/news/4155789-germany-composite-pmi-drops-in-september-as-growth-expectations-slump\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Germany composite PMI drops in September as growth expectations slump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGermany composite PMI drops in September as growth expectations slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-03 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4155789-germany-composite-pmi-drops-in-september-as-growth-expectations-slump><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Services PMI in Germany decreased to 50.60 points in September, a 6-month low. This compares to previous month's figure of 51.20 points in August, meeting consensus. Composite PMI decreased to 47.50 ...</p>\n\n<a href=\"https://seekingalpha.com/news/4155789-germany-composite-pmi-drops-in-september-as-growth-expectations-slump\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EWG","symbol_name":"德国ETF-iShares MSCI","start_time":0,"source_url":"https://seekingalpha.com/news/4155789-germany-composite-pmi-drops-in-september-as-growth-expectations-slump","article_id":"2472366937","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/619762776/image_619762776.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472366937","pubTimestamp":1727942424,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Services PMI in Germany decreased to 50.60 points in September, a 6-month low. This compares to previous month's figure of 51.20 points in August, meeting consensus. Composite PMI decreased to 47.50 points in September from 48.40 points in August, above estimates of 47.2. The level touched a 7-month low. “The services sector is starting to lose its role as an anchor of economic stability. Growth in the sector has slowed for the fourth month in a row, nearly coming to a halt in September. What is really worrying is the sharp drop in new orders, which had already lost a lot of momentum over the previous three months. If this downward trend keeps up, the situation in the services sector may get worse before getting better.\" said Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank. 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If this downward trend keeps up, the situation in the services sector may get worse before getting better.\" said Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank. 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