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Euro Area Services PMI

Last Release
Nov 30, 2022
Actual
48.6
Units In
Points
Previous
48.6
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
59.8
Jul 2021
12
Apr 2020
51.55 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 Eurozone Services PMI came in at 48.5 in November 2022, little-changed from 48.6 recorded in both the preliminary estimate and October's final reading. The figure signaled a fourth straight month of falling output levels across the service sector, at a rate that was the fastest since February 2021. Incoming new business contracted for a fifth month running, with the pace of decline unchanged from October’s 20-month record. Meanwhile, the rate of job creation was the weakest in just over a year-and-a-half, while the level of work pending completion dropped for the second time in the past three months. On the price front, input costs and output charges both increased sharply, although rates of inflation were at their weakest in three months in both instances. Looking ahead, business confidence picked up, but remained subdued.

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
0.54
Nov 2022
0.74
Oct 2022
-3.18
May 2009
1.85
Jul 2021
PointsMonthly1985-2022
Capacity Utilization
81.4
Dec 2022
82.4
Sep 2022
69.6
Sep 2009
85.3
Dec 1989
%Quarterly1985-2022
Car Registrations
743.52
Oct 2022
731.29
Sep 2022
199.77
Apr 2020
1,129.17
Aug 2018
ThousandMonthly1990-2022
Changes In Inventories
57.53
Jun 2022
53.95
Mar 2022
-22.69
Sep 2020
57.53
Jun 2022
EUR BillionQuarterly1995-2022
Composite PMI
47.8
Nov 2022
47.3
Oct 2022
13.6
Apr 2020
60.2
Jul 2021
PointsMonthly2012-2022
Employed Persons
164.48
Sep 2022
164.11
Jun 2022
117.36
Jun 1984
164.48
Sep 2022
MillionQuarterly1980-2022
Industrial Production
4.9
Sep 2022
2.5
Aug 2022
-28.1
Apr 2020
40.6
Apr 2021
%Monthly1991-2022
Industrial Production Mom
0.9
Sep 2022
1.5
Aug 2022
-19.2
Apr 2020
14.1
May 2020
%Monthly1990-2022
Industrial Sentiment
-2
Nov 2022
-1.2
Oct 2022
-37.6
Mar 2009
14.7
Jul 2021
Monthly1985-2022
Manufacturing PMI
47.1
Nov 2022
46.4
Oct 2022
33.4
Apr 2020
63.4
Jun 2021
PointsMonthly2007-2022
Manufacturing Production
5.9
Sep 2022
3.1
Aug 2022
-29.9
Apr 2020
44.2
Apr 2021
%Monthly1992-2022
Mining Production
-2.8
Sep 2022
-4.6
Aug 2022
-27.8
Apr 2009
42.3
Sep 1990
%Monthly1990-2022
Services PMI
48.6
Nov 2022
48.6
Oct 2022
12
Apr 2020
59.8
Jul 2021
PointsMonthly2007-2022
Services Sentiment
2.3
Nov 2022
2.1
Oct 2022
-43.5
May 2020
35
Jun 1998
Monthly1995-2022
Zew Economic Sentiment Index
-38.7
Nov 2022
-59.7
Oct 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
48.6
Nov 2022
48.6
Oct 2022
12
Apr 2020
59.8
Jul 2021
Points Monthly2007-2022
France
49.4
Nov 2022
51.7
Oct 2022
10.2
Apr 2020
62.9
Apr 2011
Points Monthly2008-2022
Germany
46.4
Nov 2022
46.5
Oct 2022
16.2
Apr 2020
61.8
Jul 2021
Points Monthly2007-2022
Ireland
53.2
Oct 2022
54.1
Sep 2022
13.9
Apr 2020
66.6
Jul 2021
Points Monthly2011-2022
Italy
46.4
Oct 2022
48.8
Sep 2022
10.8
Apr 2020
58
Jul 2021
Points Monthly2011-2022
Russian Federation
43.7
Oct 2022
51.1
Sep 2022
12.2
Apr 2020
58.5
Jul 2020
Points Monthly2010-2022
Spain
49.7
Oct 2022
48.5
Sep 2022
7.1
Apr 2020
62.5
Jun 2021
Points Monthly2011-2022
Sweden
56.9
Oct 2022
55.1
Sep 2022
34.4
Jan 2009
71.3
May 2021
Points Monthly2006-2022
Switzerland
53.54
Nov 2022
53.55
Oct 2022
21.85
Apr 2020
74.67
Jan 2014
Points Monthly2014-2022
United Kingdom
48.8
Nov 2022
48.8
Oct 2022
13.4
Apr 2020
62.9
May 2021
Points Monthly2007-2022

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