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
Aug 2019
54.8
54.4
Aug 2019 prelim.
54.4
54.0
Jul 2019
54.5
55.4
Jul 2019 prelim.
55.4
56.0
Jun 2019
55.8
55.6
Jun 2019 prelim.
55.6
55.0
May 2019
55.4
55.0
May 2019 prelim.
55.0
56.2
Apr 2019
55.7
55.6
Apr 2019 prelim.
55.6
54.8
Mar 2019
55.4
54.9
Mar 2019 prelim.
54.9
55.2
Feb 2019
55.3
55.1
Feb 2019 prelim.
55.1
53.7
Jan 2019
53.0
53.1
Jan 2019 prelim.
53.1
52.4
Dec 2018
51.8
52.3
Dec 2018 prelim.
52.5
53.2
Nov 2018
53.3
54.1
Nov 2018 prelim.
53.3
54.5

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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