Date
GMT+00:00
Event Previous Forecast Actual
Feb, 21 08:30
★★
PMI Services
PMI Services
Country:
Date: Feb, 21 08:30
Importance: Medium
Previous: 53.0
Forecast: 52.8
Actual: -
Period: Feb

Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

53.0 52.8 -
Feb, 21 08:30
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Feb, 21 08:30
Importance: Medium
Previous: 49.7
Forecast: 50.0
Actual: -
Period: Feb

Gauge for overall performance of the German manufacturing sector. Through asking executives about sales and employment outlook, the survey strives to provide useful information about the business climate that can lead to developments in employment, output and consumption. The PMI survey results are the result of interviews with business executives. Manufacturing is an important sector in Germany , which is why changes in Manufacturing PMI can provide a good indicator to the overall economic condition in Germany as well as Euro-zone. However, despite the timeliness of the report, Manufacturing PMI is not a big market mover.
The survey results are quantified into index where 0 represents long term manufacturing business conditions. The headline figure is expressed in percentage change.

49.7 50.0 -
Feb, 21 09:00
Gross Domestic Product
Gross Domestic Product
Country:
Date: Feb, 21 09:00
Importance: Low
Previous: 0.1% m/m; 0.9% y/y
Forecast: 0.1% m/m; 0.9% y/y
Actual: -
Period: Jan

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. GDP announcements generally conform to expectations as the number comes out after most production figures that lead to overall GDP have already been released. Although releases that are out of line with expectations are rare, unanticipated GDP growth can move markets simply because of its significance as an economic indicator.

0.1% m/m; 0.9% y/y 0.1% m/m; 0.9% y/y -
Feb, 21 09:00
★★
Composite PMI
Composite PMI
Country:
Date: Feb, 21 09:00
Importance: Medium
Previous: 51.0
Forecast: 51.1
Actual: -
Period: Feb

The Eurozone Composite Purchasing Managers Index (PMI) assesses business conditions in manufacturing, construction and service sectors. The Eurozone PMI is both a significant and timely indicator of business conditions and the general health of the economy. Close correlation with the business cycle, assessed on the basis of long-term statistical data, allows to use the PMI indicator for prognosis of future GDP volumes. The PMI indices are based onĀ  selected panels of executives in companies who report each month on real events. The subindex of intangibles sector - PMI services - is of more importance because in industrialized countries around 70% of GDP is generated in non-manufacturing sector.

51.0 51.1 -
Feb, 21 09:00
★★
PMI Services
PMI Services
Country:
Date: Feb, 21 09:00
Importance: Medium
Previous: 51.2
Forecast: 51.5
Actual: -
Period: Feb

Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

51.2 51.5 -