S&P Global Germany Services Purchasing Managers Index (PMI)

Country: Germany, EUR
Importance:
Medium
Sector: Business
Source: S&P Global
Last release
Actual
48.8
Forecast
47.8
Previous
47.8
Next release
Actual
Coming in 3 days
Forecast
52.2
Previous
48.8
Date (GMT)
Reference
Actual
Forecast
Jun 2020
47.3
45.8
Jun 2020 prelim.
45.8
33.3
May 2020
32.6
31.4
May 2020 prelim.
31.4
16.4
Apr 2020
16.2
15.9
Apr 2020 prelim.
15.9
27.8
Mar 2020
31.7
34.5
Mar 2020 prelim.
34.5
53.0
Feb 2020
52.5
53.3
Feb 2020 prelim.
53.3
54.6
Jan 2020
54.2
54.2
Jan 2020 prelim.
54.2
54.0
Dec 2019
52.9
52.0
Dec 2019 prelim.
52.0
51.2
Nov 2019
51.7
51.3
Nov 2019 prelim.
51.3
53.2
Oct 2019
51.6
51.2
Oct 2019 prelim.
51.2
51.2
Sep 2019
51.4
52.5
Sep 2019 prelim.
52.5
55.2

Markit Services PMI reflects the level of activity in Germany's private service companies during the given month. The indicator calculation is based on a survey of representatives of the service sector private companies. The survey covers transport companies, financial organizations, IT companies, hotel and restaurant businesses, telecommunication providers, etc. The survey considers the number of orders, the volume of work done, employment and price trends in the industry. The index reflects the conditions of doing business in the service sector. Readings above 50 can affect euro quotes positively.

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