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GateUser-14d03834

2026-05-21 07:52:02

Will the bottom only be seen in Q2 2026? This expectation management is a bit too far ahead.

View Original

CoinNetwork2026-05-21 07:39:42

Germany's PMI has been below the expansion/contraction threshold for two consecutive months, and the economy may enter a recession in Q2.

Germany’s May PMI remains below 50, with a composite reading of 48.6, services at 47.8, and manufacturing at 49.9, indicating the economy has contracted for two consecutive months and is expected to shrink either this year or in the second quarter of 2026. The reasons include the drag from the Iran war, weakening demand, and rising prices, with the services sector leading the decline and manufacturing inventory adjustments slowing down.

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