A post by @FirstSquawk on X.

Germany’s October services PMI was revised up to 52.5 from a preliminary 51.7, signaling stronger-than-initially-reported expansion in the country’s services sector. The reading remains above the 50 threshold that separates growth from contraction, pointing to continued momentum in services activity at the start of the fourth quarter. The upward revision matters because services have been a key support for German output as manufacturing remains sluggish. Watch next for whether the improved services print carries into November and whether it shifts expectations for euro-area growth and ECB policy.