At 09:55 (GMT+2), the August index of business activity in the service sector of Germany will be published. The indicator is calculated based on a survey of supply managers of non-manufacturing enterprises while assessing their attitude to the current economic situation and the prospects for its further development. It is expected that in August the index will drop from 52.3 points to 47.3 points, and the composite index – from 48.5 points to 44.7 points.
