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

The IHS Markit Eurozone Services PMI decreased to 55 in March of 2018 from 56.2 in February and below market expectations of 56.0, the preliminary figures showed. The reading pointed to the slowest expansion in the services sector since October, as output rose at a slower pace and the increase in new business was the weakest in seven months. Also, the rate of job creation eased to six-month low and business optimism about the coming year was the lowest in 3 months. On the price front, input inflation and selling prices went up less, despite marked. Among Eurozone's economies, rates of growth eased to a seven-month low in France and an eight-month low in Germany, while the rest of the single currency area as a whole registered the weakest increase for five months. 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 1.48 1.56 1.59 -3.75 Index Points [+]
Manufacturing PMI 56.60 58.60 60.60 33.50 [+]
Services PMI 55.00 56.20 58.30 39.20 Index Points [+]
Composite Pmi 55.30 57.10 58.80 45.70 Index Points [+]
Industrial Production 2.70 5.30 9.30 -21.30 percent [+]
Industrial Production Mom -1.00 0.40 3.10 -4.10 percent [+]
Manufacturing Production 5.20 5.80 10.00 -21.70 percent [+]
Capacity Utilization 84.40 83.80 85.30 69.60 percent [+]
Changes In Inventories 7.19 10.12 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 13.40 29.30 89.90 -63.70 [+]
Car Registrations 950.23 955.52 1130.00 669.00 Thousand [+]
Mining Production -24.40 0.10 42.30 -26.70 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 March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
55.00 56.20 58.30 39.20 2007 - 2018 Index Points Monthly

services pmi by Country
Country Last
Australia 54.00 Feb/18
Brazil 52.70 Feb/18
China 54.20 Feb/18
Euro Area 55.00 Mar/18
France 56.80 Mar/18
Germany 54.20 Mar/18
India 47.80 Feb/18
Italy 55.00 Feb/18
Japan 51.70 Feb/18
Russia 56.50 Feb/18
Spain 57.30 Feb/18
United Kingdom 54.50 Feb/18
United States 54.10 Mar/18