Browsing: services industry

Germany’s services sector faced a surprising setback in August, slipping into contraction and signaling a rare stumble amid mounting economic uncertainty. According to Bloomberg, this downturn may be a warning sign of tougher times ahead for Europe’s largest economy

Italy’s service sector growth waned in March, according to the latest PMI data released by Reuters. The index fell, reflecting sluggish demand and rising costs, raising concerns over the resilience of the economy amid ongoing challenges.