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

The final Markit Eurozone Manufacturing PMI came in at 55.5 in February of 2017 compared to a preliminary estimate of 55.6 but higher than 53.7 reported in January. The reading pointed to the strongest expansion in services activity since May of 2011 amid faster increase of business activity, new orders, production, and employment. Input prices rose at the quickest pace since June 201, reflecting higher staff costs and increased purchase prices (the latter due in part to rising commodity costs and the weak euro exchange rate). Services PMI in the Euro Area averaged 51.37 Index Points from 2007 until 2017, 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
Services PMI 55.50 53.70 58.30 39.20 Index Points [+]
Business Confidence 0.82 0.76 1.53 -3.90 [+]
Manufacturing PMI 55.40 55.20 59.00 33.50 [+]
Composite Pmi 56.00 54.40 56.00 45.70 Index Points [+]
Industrial Production 0.60 2.50 9.20 -21.50 percent [+]
Industrial Production Mom 0.90 -1.20 2.70 -4.10 percent [+]
Manufacturing Production 1.30 2.80 10.00 -22.10 percent [+]
Capacity Utilization 82.50 82.30 85.30 69.60 percent [+]
Changes In Inventories 4.26 0.55 25.97 -26.91 EUR Billion [+]
Zew Economic Sentiment Index 25.60 17.10 89.90 -63.70 [+]
Car Registrations 908.00 900.00 1130.00 669.00 Thousand [+]
Mining Production 9.90 7.00 42.30 -26.70 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
55.50 53.70 58.30 39.20 2007 - 2017 Index Points Monthly



Last
Australia 49.00 Feb/17
Brazil 46.40 Feb/17
China 52.60 Feb/17
Euro Area 55.50 Feb/17
France 56.40 Feb/17
Germany 54.40 Feb/17
India 50.30 Feb/17
Ireland 60.60 Feb/17
Italy 54.10 Feb/17
Japan 51.30 Feb/17
New Zealand 58.80 Feb/17
Nigeria 44.50 Feb/17
Russia 55.50 Feb/17
Spain 57.00 Feb/17
Sri Lanka 57.30 Feb/17
Sweden 59.80 Feb/17
United Kingdom 53.30 Feb/17
United States 53.80 Feb/17
World 52.80 Jan/16