Date
GMT+00:00
Event Previous Forecast Actual
Jan, 23 09:00
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Jan, 23 09:00
Importance: Medium
Previous: 48.8
Forecast: 49.3
Actual: -
Period: Jan

The Euro-zone Manufacturing Purchasing Managers Index (PMI) assesses business conditions in the manufacturing sector. Because the manufacturing sector represents nearly a quarter of total Euro-zone GDP, the Euro-zone Manufacturing PMI is both a significant and timely indicator of business conditions and the general health of the economy. Results are quantified in an index in which values above 50 indicate an expected increase of business conditions and values below 50 signal an expected deterioration.

48.8 49.3 -
Jan, 23 09:00
★★
PMI Services
PMI Services
Country:
Date: Jan, 23 09:00
Importance: Medium
Previous: 52.4
Forecast: 52.6
Actual: -
Period: Jan

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.

52.4 52.6 -
Jan, 23 09:30
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Jan, 23 09:30
Importance: Medium
Previous: 50.6
Forecast: 50.4
Actual: -
Period: Jan

A monthly gauge of manufacturing activity and future outlook. It is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

50.6 50.4 -
Jan, 23 09:30
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PMI Services
PMI Services
Country:
Date: Jan, 23 09:30
Importance: Medium
Previous: 51.4
Forecast: 51.7
Actual: -
Period: Jan

A monthly gauge of the UK service sector that takes into account business outlook. The survey queries executives in transport and communications, financial intermediation, business services, personal services, computing and IT, hotels and restaurants.

Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the service sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

Because the contribution services makes to the economy tends to be very consistent and predictable, Services PMI figures typically do not move markets

The PMI is presented as an index with a value between 1-100.

51.4 51.7 -
Jan, 23 13:30
★★
Retail Sales
Retail Sales
Country:
Date: Jan, 23 13:30
Importance: Medium
Previous: -0.2%; -0.6%
Forecast: 1.1%; 1.2%
Actual: -
Period: Nov

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

-0.2%; -0.6% 1.1%; 1.2% -