 Prior 47.1Services PMI 50.4 vs 49.6 expectedPrior 49.2Composite PMI 49.7 vs 49.6 expectedPrior 49.0Similar to the French report earlier, this is a mixed bag with manufacturing activity still in contraction territory while services activity actually improving to a 7-month high. This at least pushes the composite reading closer to stagnation with just a marginal contraction recorded to start the new year... 