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Euro Area Services Pmi

Last Release
Oct 2021
Actual
54.7 points
Forecast
N/A
Previous
56.4 points
Frequency
Monthly
Units In
points
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
59.8 points
Jul 2021
12 points
Apr 2020
51.47 points2007 - 2021Markit 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 IHS Markit Eurozone Services PMI was down to 54.7 in October 2021, from 56.4 in the previous month and below market consensus of 55.5, a preliminary estimate showed. It was the lowest reading for six months, pointing to cooling services sector growth. Weak service sector performances were recorded for travel, tourism and recreation, reflecting concerns regarding COVID-19, while strong growth was seen for healthcare, as well as media, banking and non-banking financial services. Inflows of new orders increased at slightly faster pace, while backlogs of work continued to rise solidly and the pace of job creation accelerated to the fastest since 2007. On the price front, input costs rose at the sharpest rate since September 2000, while selling price inflation hit a record high. Looking ahead, business confidence strengthened in October.

Euro Area Services Pmi History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Oct 22, 202108:30Eurozone Services Activity Expands the Least Since April
Oct 5, 202108:44Euro Area Services PMI Revised Slightly Higher
Sep 23, 202108:37Euro Area Services PMI Declines in September
Sep 3, 202108:12Eurozone August Services PMI Revised Lower
Aug 23, 202108:17Eurozone Service Sector Growth Holds Near 15-Year High
Aug 4, 202108:10Eurozone Services Activity Growth at 15-Year High
Jul 23, 202108:16Eurozone Services Activity Growth Hits 15-Year High

Euro Area business Indicators

All Euro Area indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Business Confidence
1.72
Sep 2021
1.74
Aug 2021
-3.34
Mar 2009
1.87
Jul 2021
pointsMonthly1985 - 2021
Changes In Inventories
22.52
Jun 2021
26.07
Mar 2021
-26.18
Sep 2020
29.58
Mar 2011
EUR BillionQuarterly1995 - 2021
Capacity Utilization
82.9
Sep 2021
82.5
Jun 2021
69.6
Sep 2009
85.3
Dec 1989
%Quarterly1985 - 2021
Car Registrations
660.96
Sep 2021
638.98
Aug 2021
200.77
Apr 2020
1,147.81
Aug 2018
ThousandMonthly1990 - 2021
Composite PMI
54.3
Oct 2021
56.2
Sep 2021
13.6
Apr 2020
60.2
Jul 2021
pointsMonthly2012 - 2021
Employed Persons
158.95
Jun 2021
157.62
Mar 2021
117.36
Jun 1984
160.69
Dec 2019
MillionQuarterly1980 - 2021

Services Pmi across Europe

Services Pmi global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Euro Area
54.7
Oct 2021
56.4
Sep 2021
12
Apr 2020
59.8
Jul 2021
pointsMonthly2007 - 2021
France
56.6
Oct 2021
56.2
Sep 2021
10.2
Apr 2020
62.9
Apr 2011
pointsMonthly2008 - 2021
Germany
52.4
Oct 2021
56.2
Sep 2021
16.2
Apr 2020
61.8
Jul 2021
pointsMonthly2007 - 2021
Ireland
63.7
Sep 2021
63.7
Aug 2021
13.9
Apr 2020
66.6
Jul 2021
pointsMonthly2011 - 2021
Italy
55.5
Sep 2021
58
Aug 2021
10.8
Apr 2020
58
Jul 2021
pointsMonthly2011 - 2021
Russian Federation
50.5
Sep 2021
49.3
Aug 2021
12.2
Apr 2020
58.5
Jul 2020
pointsMonthly2010 - 2021

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