German S&P Global Services PMI Final (May) 48.1 vs. Exp. 47.8 (Prev. 46.9)
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EU S&P Global Services PMI Final (May) 47.7 vs. Exp. 46.4 (Prev. 47.6)
EU S&P Global Composite PMI Final (May) 48.5 vs. Exp. 47.5 (Prev. 48.8)
German S&P Global Services PMI Final (May) 48.1 vs. Exp. 47.8 (Prev. 46.9)
French S&P Global Services PMI Final (May) 44.3 vs. Exp. 42.9 (Prev. 46.5)
French S&P Global Composite PMI Final (May) 44.9 vs. Exp. 43.5 (Prev. 47.6)
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- "Services firms reported much greater optimism about the outlook than a month ago, perhaps reflecting increased hopes of an end to the Middle East conflict as well as support to the economy from government policies."
- "Inflationary pressures in the service sector remain elevated, but they have at least steadied."
- "Services firms found it more difficult to raise prices in May amid reports of some pushback from clients"
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