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Euro Area Services PMI

Last Release
Apr 30, 2022
Actual
57.7
Forecast
N/A
Previous
55.6
Frequency
Monthly
Units In
Points
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
59.8
Jul 2021
12
Apr 2020
51.57 Points2007-2022Markit Economics
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.

Latest Updates

The S&P Global Flash Eurozone Services PMI fell to 56.3 in May of 2022 from 57.7 in April, well below market forecasts of 57.5, but still pointing to the second-strongest expansion in the services sector in the past eight months, amid pent-up pandemic demand. Many consumer-facing service sector businesses reported strong demand due to the reopening of the economy after Omicron related restrictions, driving especially robust growth for tourism and recreation activities. Also, employment gains were the highest for almost 15 years. On the price front, both input and output cost inflation eased.

Euro Area Services PMI History

Last 12 readings

Euro Area Business Indicators

All Euro Area indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Business Confidence
1.98
Apr 2022
1.67
Mar 2022
-3.18
May 2009
1.98
Apr 2022
PointsMonthly1985-2022
Capacity Utilization
82.6
Jun 2022
81.9
Mar 2022
69.6
Sep 2009
85.3
Dec 1989
%Quarterly1985-2022
Car Registrations
581.19
Apr 2022
574.82
Mar 2022
199.77
Apr 2020
1,129.17
Aug 2018
ThousandMonthly1990-2022
Changes In Inventories
37.71
Dec 2021
20.08
Sep 2021
-22.69
Sep 2020
37.71
Dec 2021
EUR BillionQuarterly1995-2021
Composite PMI
55.8
Apr 2022
54.9
Mar 2022
13.6
Apr 2020
60.2
Jul 2021
PointsMonthly2012-2022
Employed Persons
162.55
Mar 2022
161.86
Dec 2021
117.36
Jun 1984
162.55
Mar 2022
MillionQuarterly1980-2022
Industrial Production
-0.8
Mar 2022
2
Feb 2022
-28.1
Apr 2020
40.6
Apr 2021
%Monthly1991-2022
Industrial Production Mom
-1.8
Mar 2022
0.7
Feb 2022
-19.2
Apr 2020
14.1
May 2020
%Monthly1990-2022
Industrial Sentiment
7.9
Apr 2022
9
Mar 2022
-37.6
Mar 2009
14.7
Jul 2021
Monthly1985-2022
Manufacturing PMI
55.5
Apr 2022
56.5
Mar 2022
33.4
Apr 2020
63.4
Jun 2021
PointsMonthly2007-2022
Manufacturing Production
-0.4
Mar 2022
2.2
Feb 2022
-29.9
Apr 2020
44.2
Apr 2021
%Monthly1992-2022
Mining Production
-7
Mar 2022
-3.4
Feb 2022
-27.8
Apr 2009
42.3
Sep 1990
%Monthly1990-2022
Services PMI
57.7
Apr 2022
55.6
Mar 2022
12
Apr 2020
59.8
Jul 2021
PointsMonthly2007-2022
Services Sentiment
13.5
Apr 2022
13.6
Mar 2022
-43.5
May 2020
35
Jun 1998
Monthly1995-2022
ZEW Economic Sentiment Index
-29.5
May 2022
-43
Apr 2022
-63.7
Jul 2008
89.9
Jan 2000
Monthly1999-2022

Services PMI across Europe

Services PMI global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Euro Area
57.7
Apr 2022
55.6
Mar 2022
12
Apr 2020
59.8
Jul 2021
Points Monthly2007-2022
France
58.9
Apr 2022
57.4
Mar 2022
10.2
Apr 2020
62.9
Apr 2011
Points Monthly2008-2022
Germany
57.6
Apr 2022
56.1
Mar 2022
16.2
Apr 2020
61.8
Jul 2021
Points Monthly2007-2022
Ireland
61.7
Apr 2022
63.4
Mar 2022
13.9
Apr 2020
66.6
Jul 2021
Points Monthly2011-2022
Italy
55.7
Apr 2022
52.1
Mar 2022
10.8
Apr 2020
58
Jul 2021
Points Monthly2011-2022
Russian Federation
44.5
Apr 2022
38.1
Mar 2022
12.2
Apr 2020
58.5
Jul 2020
Points Monthly2010-2022
Spain
57.1
Apr 2022
53.4
Mar 2022
7.1
Apr 2020
62.5
Jun 2021
Points Monthly2011-2022
Sweden
68.1
Apr 2022
62.9
Mar 2022
34.4
Jan 2009
71.3
May 2021
Points Monthly2006-2022
Switzerland
56.22
Apr 2022
61.12
Mar 2022
21.85
Apr 2020
74.67
Jan 2014
Points Monthly2014-2022
United Kingdom
58.9
Apr 2022
62.6
Mar 2022
13.4
Apr 2020
62.9
May 2021
Points Monthly2007-2022

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