Germany Services PMI Revised Higher in World Economy News 05/03/2026 The HCOB Germany Services PMI was revised slightly higher to a four-month high of 53.5 in February 2026 from a preliminary of 53.4, and compared to 52.4 in January, final figures showed. Growth was driven by stronger demand, as firms reported winning new clients and securing large projects. New business increased for a fifth straight month, with export orders posting their strongest rise since May 2023. Backlogs of work rose slightly, only the third increase in over two-and-a-half years, reflecting improved demand. However, employment declined for the second consecutive month, with the pace of job losses the fastest since June 2020. Cost pressures remained steep, mainly due to wages, energy, transport, and supplier prices, though input inflation eased slightly from January’s peak. Firms continued raising output prices, but less aggressively. Confidence dipped, but optimism stayed above average, supported by rising orders, hopes of broader economic recovery, and increased use of AI. Source: Trading Economics 2026-03-05 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share