Germany's S&P Global Flash Services PMI rose to 49.6 in July 2026 from 48.6 in June, marking a four month high and beating market expectations of 49, according to preliminary estimates. Although the index remained just below the 50 threshold, it pointed to a much slower pace of contraction, with business activity nearing stabilization after four consecutive months of decline. The downturn in new business also eased, reflecting improving demand conditions across the services sector. Business confidence strengthened and climbed back above its long run average, signalling greater optimism about the outlook. On the price front, input cost inflation accelerated slightly, with firms citing higher fuel prices alongside persistent wage pressures. Services companies also increased their selling prices at a somewhat faster pace, suggesting that cost pressures continued to be passed on to customers despite the still subdued pace of activity. source: S&P Global
Services PMI in Germany increased to 49.60 points in July from 48.60 points in June of 2026. Services PMI in Germany averaged 52.36 points from 2007 until 2026, reaching an all time high of 61.80 points in July of 2021 and a record low of 16.20 points in April of 2020. This page provides the latest reported value for - Germany Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Services PMI in Germany increased to 49.60 points in July from 48.60 points in June of 2026. Services PMI in Germany is expected to be 48.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Services PMI is projected to trend around 52.00 points in 2027 and 52.50 points in 2028, according to our econometric models.