German S&P Global Services PMI Final (Apr) 46.9 vs. Exp. 46.9 (Prev. 50.9)

The final reading of the German S&P Global Services PMI for April came in at 46.9, matching expectations but down sharply from the previous month's 50.9.

Newsquawk StaffPublished 6 May 2026, 08:15 UTCOn the live feed at 07:55 UTC — 8 more headlines followed before this page went public

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08:00

Italian Retail Sales MoM (Mar) M/M 0.8% vs. Exp. -0.4% (Prev. 0%)

07:59

"Iraqi Prime Minister-designate Ali al-Zaidi held a telephone conversation with US Secretary of War Hegseth about bilateral relations in various fields", Tasnim reports

07:55

German S&P Global Services PMI Final (Apr) 46.9 vs. Exp. 46.9 (Prev. 50.9)

07:50

French S&P Global Composite PMI Final (Apr) 47.6 vs. Exp. 47.6 (Prev. 48.8)

07:50

French S&P Global Services PMI Final (Apr) 46.5 vs. Exp. 46.5 (Prev. 48.8)

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Context

This significant decline suggests a contraction in the services sector, reinforcing concerns about economic slowdown in Germany. Investors may interpret this data as a signal for potential adjustments in ECB policy or an indication of weakening economic momentum in the Eurozone.

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