Euro Area Services PMI  2007-2018 | Data | Chart | Calendar | Forecast

The IHS Markit Eurozone Services PMI rose to 55.2 in June of 2018, above the flash estimate of 55.0 and up from May's 16-month low of 53.8. The reading pointed to the fastest expansion in the services sector since February, as output, new orders and employment accelerated. Also, business confidence improved slightly for the first time in four months. Regarding prices, input price inflation remained strong and hit an 86-month high, amid reports of higher fuel and staff costs. Some of input costs were translated into rising output charges, which increased to one of the greatest extents in the past decade. Among EA countries, Ireland posted the strongest services growth and faster rises were seen in Germany, Italy and France. In contrast, Spain was the only one to see growth weakening to a seven-month low. 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 1.39 1.44 1.64 -3.27 Index Points [+]
Manufacturing PMI 54.90 55.50 60.60 33.50 [+]
Services PMI 55.20 53.80 58.30 39.20 Index Points [+]
Composite Pmi 54.90 54.10 58.80 45.70 Index Points [+]
Industrial Production 2.40 1.70 9.20 -21.40 percent [+]
Industrial Production Mom 1.30 -0.80 3.30 -4.00 percent [+]
Manufacturing Production 2.80 2.00 10.10 -21.70 percent [+]
Capacity Utilization 84.40 84.40 85.30 69.60 percent [+]
Changes In Inventories 4.10 1.58 26.09 -27.04 EUR Billion [+]
Zew Economic Sentiment Index -18.70 -12.60 89.90 -63.70 [+]
Car Registrations 947.92 927.41 1130.00 669.00 Thousand [+]
Mining Production -0.90 -10.20 42.30 -26.80 percent [+]

Euro Area Services PMI

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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
55.20 53.80 58.30 39.20 2007 - 2018 Index Points Monthly

services pmi by Country
Country Last
Australia 63.00 Jun/18
Brazil 47.00 Jun/18
China 53.90 Jun/18
Euro Area 55.20 Jun/18
France 55.90 Jun/18
Germany 54.50 Jun/18
India 52.60 Jun/18
Italy 54.30 Jun/18
Japan 51.40 Jun/18
Russia 52.30 Jun/18
Spain 55.40 Jun/18
United Kingdom 55.10 Jun/18
United States 56.50 Jun/18