Revised Services PMI in the Eurozone
Eurozone| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The revised Services Purchasing Managers' Index (PMI) is an indicator that evaluates economic activity in the services sector of the Eurozone. This data, released monthly by IHS Markit, shows the final figures adjusted based on initial flash estimates.
PMI is calculated based on items such as new orders, production, employment, and inventory, with 50 as the threshold: above 50 indicates economic expansion, while below 50 indicates contraction. The revised values more accurately reflect the strength of activities in the services sector, aiding in the assessment of current economic conditions.
This data serves as crucial reference material for policymakers to evaluate the current economic situation and formulate appropriate policies. It also serves as an important information source for businesses and investors to analyze trends in the services sector and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
