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French Markit Composite Purchasing Managers Index (PMI)

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French Markit Composite Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
May 05, 2021
Actual
51.6
Forecast
51.7
Previous
50.0
The PMI monthly Composite Reports on Manufacturing and Services are based on surveys of over 300 business executives in private sector manufacturing companies and also 300 private sector services companies.Data is usually released on the third working day of each month.Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies.Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month.From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Importance:
Country:
Currency: EUR
Source: Markit
French Markit Composite Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
May 21, 2021 (May) 03:15     51.6
May 05, 2021 (Apr) 03:50 51.6 51.7 50.0
Apr 23, 2021 (Apr) 03:15   51.7 48.8 50.0
Apr 07, 2021 (Mar) 03:50 50.0 49.5 47.0
Mar 24, 2021 (Mar) 04:15   49.5 47.2 47.0
Mar 03, 2021 (Feb) 04:50 47.0 45.2 47.7

News

European Stocks Lower; Covid Worries Overshadow PMI Data
European Stocks Lower; Covid Worries Overshadow PMI Data By Investing.com - Mar 24, 2021

By Peter Nurse  Investing.com - European stock markets traded lower Wednesday as doubts about the speed of recovery from the Covid-19 pandemic weighed on sentiment even after healthy business activity...

European Stocks Mixed; Renault Slumps
European Stocks Mixed; Renault Slumps By Investing.com - Feb 19, 2021

By Peter Nurse  Investing.com - European stock markets were mixed Friday, with the U.K. underperforming after weak retail sales data, while investors also digested a number of corporate results,...

European Stocks Higher; Path to Brexit Agreement Seen
European Stocks Higher; Path to Brexit Agreement Seen By Investing.com - Dec 16, 2020 1

By Peter Nurse  Investing.com - European stock markets traded higher Wednesday, amid optimism over a potential Brexit deal and ahead of the Federal Reserve’s final policy-setting meeting of the...

Analysis

Marc Chandler
Corrective Pressures Persist By Marc Chandler - Apr 07, 2021 1

The heavier tone for the dollar that emerged last week persists. The euro is testing the 200-day moving average (~$1.1890) since breaking below it last month for the first time since May 2020. The...

French Markit Composite PMI Discussion

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