German S&P Global Services PMI Flash (Apr) 46.9 vs. Exp. 50.4 (Prev. 50.9, Low. 49.5, High. 51.5)

The German S&P Global Services PMI flash print for April came in at 46.9, significantly below expectations of 50.4 and down from the prior reading of 50.9.

Newsquawk StaffPublished 23 Apr 2026, 07:50 UTCOn the live feed at 07:30 UTC — 4 more headlines followed before this page went public

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07:42

IEA's Birol says expect nuclear power to get a "big boost" following Iran war, via CNBC TV

07:40

US Senate has reportedly approved a USD 70bln funding blueprint for ICE and border patrol, according to reports

07:30

German S&P Global Services PMI Flash (Apr) 46.9 vs. Exp. 50.4 (Prev. 50.9, Low. 49.5, High. 51.5)

07:20

EUROPEAN OPEN: RNO FP revenue rises despite adverse weather impact; STMPA FP reports higher sales on strong AI demand; OR FP sales rise on US/EM growth; ROP SW sales fall on copycat competition and FX; NESN SW sales beat, guidance maintained

07:16

China's He says MOFCOM advises Chinese firms to seek a refund of US tariffs; US tax refund measures are a positive step in correcting mistakes

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Context

This sharp miss indicates a contraction in the services sector, which may suggest broader economic weakness and could prompt concerns around Eurozone growth and potential policy responses from the ECB.

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