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

The IHS Markit Eurozone Services PMI fell to 56.2 in May of 2017 from 56.4 in April, lower than market expectations of 56.4, flash figures showed. New business eased while backlogs of work registered the second-largest rise in six years and gains in employment matched those from April, the highest since early 2008. Selling prices continued to increase while input cost inflation slowed. Services PMI in the Euro Area averaged 51.52 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 56.20 56.40 58.30 39.20 Index Points [+]
Business Confidence 1.09 0.83 1.53 -3.90 [+]
Manufacturing PMI 57.00 56.70 59.00 33.50 [+]
Composite Pmi 56.80 56.80 56.80 45.70 Index Points [+]
Industrial Production 1.90 1.40 9.20 -21.50 percent [+]
Industrial Production Mom -0.10 -0.10 2.40 -4.10 percent [+]
Manufacturing Production 2.60 1.00 9.90 -22.00 percent [+]
Capacity Utilization 82.60 82.50 85.30 69.60 percent [+]
Changes In Inventories 4.26 0.55 25.97 -26.91 EUR Billion [+]
Zew Economic Sentiment Index 35.10 26.30 89.90 -63.70 [+]
Car Registrations 903.32 903.62 1130.00 669.00 Thousand [+]
Mining Production -8.80 1.70 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
56.20 56.40 58.30 39.20 2007 - 2017 Index Points Monthly



services pmi by Country

Last
Australia 53.00 Apr/17
Brazil 50.30 Apr/17
China 51.50 Apr/17
Euro Area 56.20 May/17
France 58.00 May/17
Germany 55.20 May/17
India 50.20 Apr/17
Italy 56.20 Apr/17
Japan 52.20 Apr/17
Russia 56.10 Apr/17
Spain 57.80 Apr/17
United Kingdom 55.80 Apr/17
United States 54.00 May/17