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

The flash Markit Eurozone PMI Services Business Activity Index came in at 55.6 in February 2017, higher than 53.7 in the previous month and above market expectations of 53.7. The reading pointed to the strongest expansion in services activity since May of 2011 amid greater inflows of new work and the highest job creation in nine years. Meanwhile, inflationary pressures continued to intensify: input and output costs rose at the steepest rates since 2011. 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
Business Confidence 0.77 0.77 1.54 -3.90 [+]
Manufacturing PMI 55.50 55.20 59.00 33.50 [+]
Services PMI 55.60 53.70 58.30 39.20 Index Points [+]
Composite Pmi 56.00 54.40 56.00 45.70 Index Points [+]
Industrial Production 2.00 3.20 9.20 -21.60 percent [+]
Industrial Production Mom -1.60 1.50 2.70 -4.20 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 -0.04 -1.52 25.85 -26.95 EUR Billion [+]
Zew Economic Sentiment Index 17.10 23.20 89.90 -63.70 [+]
Car Registrations 900.00 895.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
55.60 53.70 58.30 39.20 2007 - 2017 Index Points Monthly



Last
Australia 54.50 Jan/17
Brazil 45.10 Jan/17
China 53.10 Jan/17
Euro Area 55.60 Feb/17
France 56.70 Feb/17
Germany 54.40 Feb/17
India 48.70 Jan/17
Ireland 61.00 Jan/17
Italy 52.40 Jan/17
Japan 51.90 Jan/17
New Zealand 59.50 Jan/17
Nigeria 49.40 Jan/17
Russia 58.40 Jan/17
Spain 54.20 Jan/17
Sri Lanka 57.50 Jan/17
Sweden 61.10 Jan/17
United Kingdom 54.50 Jan/17
United States 53.90 Feb/17
World 52.80 Jan/16