A recent business survey indicates that Germany's service sector experienced a marginal contraction in July. This downturn was less severe than in previous months, suggesting a potential easing of the decline. The survey also showed that demand picked up slightly, contributing to the sector's improved performance.

Additionally, new business increased for the first time in five months, which may be a positive sign for the sector's future. Further details about the survey and its findings are available from the source, which may provide more insight into the current state of Germany's service sector and its potential implications.