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

The IHS Markit Eurozone Services PMI came in at 54.7 in April 2018, below the preliminary estimate of 55 and down from March's 54.9. Output and new orders rose at the softest pace in eight months and business optimism eased to a four-month low, while the pace of job creation was the fastest since October 2007. On the price front, input cost inflation accelerated for the first time since January and output charges rose at the slowest pace in seven months. Among the bloc's largest economies, services growth slowed in Germany and Spain; was unchanged in Italy; and picked up in France and Ireland. 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 1.35 1.44 1.64 -3.52 Index Points [+]
Manufacturing PMI 56.20 56.60 60.60 33.50 [+]
Services PMI 54.70 54.90 58.30 39.20 Index Points [+]
Composite Pmi 55.10 55.20 58.80 45.70 Index Points [+]
Industrial Production 3.00 2.60 9.20 -21.40 percent [+]
Industrial Production Mom 0.50 -0.90 3.30 -4.00 percent [+]
Manufacturing Production 2.30 2.30 10.10 -21.70 percent [+]
Capacity Utilization 84.40 84.40 85.30 69.60 percent [+]
Changes In Inventories 7.19 10.12 26.08 -26.54 EUR Billion [+]
Zew Economic Sentiment Index 2.40 1.90 89.90 -63.70 [+]
Car Registrations 927.41 944.73 1130.00 669.00 Thousand [+]
Mining Production 1.70 -0.30 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
54.70 54.90 58.30 39.20 2007 - 2018 Index Points Monthly

services pmi by Country
Country Last
Australia 55.20 Apr/18
Brazil 50.00 Apr/18
China 52.90 Apr/18
Euro Area 54.70 Apr/18
France 57.40 Apr/18
Germany 53.00 Apr/18
India 51.40 Apr/18
Italy 52.60 Apr/18
Japan 52.50 Apr/18
Russia 55.50 Apr/18
Spain 55.60 Apr/18
United Kingdom 52.80 Apr/18
United States 54.60 Apr/18