Breaking News

Eurozone Services Purchasing Managers Index (PMI)

Latest Release

May 22, 2025

Actual

48.9

Forecast

50.4

50.1

The Services Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by firms in the services sector throughout the country. A reading above fifty suggests the service sector is expanding, while a reading below fifty suggests the service sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. The service sector is far larger than manufacturing sector and thus accounts for the largest share of the country’s economic output.

A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.

Importance:

Country:

Currency: EUR

Source: S&P Global

Release Date	Time	Actual	Forecast	Previous
Jun 04, 2025 (May)	10:00		48.9	50.1
May 22, 2025 (May)	10:00	48.9	50.4	50.1
May 06, 2025 (Apr)	10:00	50.1	49.7	51.0

News

European stocks slip lower; U.S. debt concerns weigh By Investing.com - May 22, 2025

Investing.com - European equity indices fell Thursday, following on from the sharp selloff on Wall Street as concerns grow over the U.S.′s deepening budget deficit. At 03:05 ET (07:05 GMT), the DAX...

European stocks rise strongly as trade war tensions ease; Volvo struggles By Investing.com - Apr 23, 2025

Investing.com - European equity indices rose Wednesday, as investors welcomed indications of a less destructive trade war between China and the U.S., reducing the chance of a global recession. At...

European stocks fall sharply on Trump tariffs announcement; eurozone PMIs due By Investing.com - Apr 03, 2025

Investing.com - European equity indices slumped Thursday after U.S. President Donald Trump announced comprehensive trade tariffs on all imported goods, intensifying a global trade war that threatens...

Analysis

Eurozone PMI Falls in May Amid Service Sector Weakness By Bert Colijn - May 22, 2025

The composite PMI declined from 50.4 to 49.5 in May, indicating that the eurozone is falling back into stagnation. It's worrisome that the main culprit is the service sector, which has long been the...

EUR/USD: Caught in a Trend Trap — Break or Bounce? By David Scutt - May 06, 2025

EUR/USD testing key trendline support near 1.1276 Bounce favours bulls, break signals increased downside risk MACD, RSI still lean bullish despite fading momentum Big Session for Euro Tuesday looms...

EUR/USD Under Pressure as Services PMIs Slip By Kenny Fisher - Apr 23, 2025

The euro fell close to 1% on Wednesday but has recovered. In the European session, EUR/USD is trading at 1.1430, down 0.09% on the day. Euro, German PMIs Contract in April Euro and German Services...

HCOB Eurozone Services PMI Discussion

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