FX.co ★ Germany Services PMI Revised Slightly Higher

The final figures for the HCOB Germany Services PMI indicated a slight upward revision to 52.7 in December 2025, an increase from the preliminary estimate of 52.6, though a decline from November's 53.1. This suggests that while growth in the service sector has decelerated for the second consecutive month, it continues to show resilience. The slowdown can primarily be attributed to a more gradual rise in new business. Employment experienced a modest increase, marking its third consecutive month of growth, although business confidence has dipped to its lowest level since April of the previous year. On the pricing front, there was a more accelerated rise in both input costs and output prices, with input costs climbing at their most rapid pace in ten months.