Euro Area Services PMI  2007-2017 | Data | Chart | Calendar | Forecast

The final Markit Eurozone Services PMI came in at 53.7 in December of 2016, higher than a preliminary reading of 53.1 but slightly below 53.8 in November. Growth in Spain, Germany and Italy eased while France accelerated. New business expanded at an identical pace to November’s ten-month high; backlogs of work rose for the seventh month; employment went up for the twenty-sixth period and input cost inflation accelerated to a 57-month record, boosted by higher fuel and oil prices. Services PMI in the Euro Area averaged 51.35 Index Points from 2007 until 2016, reaching an all time high of 58.30 Index Points in June of 2007 and a record low of 39.20 Index Points in February of 2009. Services PMI in the Euro Area is reported by Markit Economics.

Euro Area Services PMI
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Euro Area Business Last Previous Highest Lowest Unit
Business Confidence 0.79 0.41 1.63 -3.58 [+]
Manufacturing PMI 54.90 53.70 59.00 33.50 [+]
Services PMI 53.70 53.80 58.30 39.20 Index Points [+]
Composite Pmi 54.40 53.90 54.40 45.70 Index Points [+]
Industrial Production 3.20 0.80 9.20 -21.60 percent [+]
Industrial Production Mom 1.50 0.10 2.60 -4.20 percent [+]
Manufacturing Production 2.70 0.50 10.00 -22.10 percent [+]
Capacity Utilization 82.30 81.60 85.30 69.60 percent [+]
Changes In Inventories -0.04 -1.52 25.85 -26.95 EUR Billion [+]
Zew Economic Sentiment Index 23.20 18.10 89.90 -63.70 [+]
Car Registrations 895.00 872.00 1130.00 669.00 Thousand [+]
Mining Production 4.70 0.30 42.30 -26.60 percent [+]



Euro Area Services PMI Notes

The Eurozone Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of around 2,000 private service sector firms. National services data are included for Germany, France, Italy, Spain and the Republic of Ireland. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - Euro Area Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Services PMI - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
53.70 53.80 58.30 39.20 2007 - 2016 Index Points Monthly



Last
Australia 57.70 Dec/16
Brazil 45.10 Dec/16
China 53.40 Dec/16
Euro Area 53.70 Dec/16
France 52.90 Dec/16
Germany 54.30 Dec/16
India 46.80 Dec/16
Ireland 59.10 Dec/16
Italy 52.30 Dec/16
Japan 52.30 Dec/16
New Zealand 57.90 Nov/16
Nigeria 47.10 Dec/16
Russia 56.50 Dec/16
Spain 55.00 Dec/16
Sri Lanka 59.80 Dec/16
Sweden 59.90 Dec/16
United Kingdom 56.20 Dec/16
United States 53.90 Dec/16
World 52.80 Jan/16