Breaking News

French S&P Global Composite Purchasing Managers Index (PMI)

Latest Release

May 23, 2023

Actual

51.4

Forecast

52.3

52.4

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: S&P Global

Release Date	Time	Actual	Forecast	Previous
Jun 05, 2023 (May)	03:50		53.8	51.4
May 23, 2023 (May)	03:15	51.4	52.3	52.4
May 04, 2023 (Apr)	03:50	52.4	53.8	52.7
Apr 21, 2023 (Apr)	03:15	53.8	52.7	52.7
Apr 05, 2023 (Mar)	03:50	52.7	54.0	51.7
Mar 24, 2023 (Mar)	04:15	54.0	51.8	51.7

News

Eurozone composite PMI hits 10-month high but falls short of expectations By Investing.com - Apr 05, 2023 1

By Geoffrey Smith Investing.com -- The Eurozone economy was less dynamic than first thought in March, although it still likely grew at the fastest rate in 10 months, according to a closely watched...

Flash Eurozone PMI indicates growth acceleration in February By Investing.com - Mar 03, 2023 1

By Geoffrey Smith Investing.com -- Economic activity in the Eurozone picked up in February as the bulk of Europe started to emerge from the energy crisis that had threatened to overwhelm it last...

Eurozone business activity accelerates amid German, French private sector growth By Investing.com - Feb 21, 2023

By Scott Kanowsky Investing.com -- Business activity in Germany and France grew in February thanks in part to easing supply chain bottlenecks and a milder-than-usual winter, leading to a pick-up...

Analysis

Johnson's Ability To Lead Tories Into Victory At Risk With Today's By-Elections By Marc Chandler - Jun 23, 2022

Asia Pacific equities were mixed. Gains were recorded in China, Hong Kong, Australia, and India, among the large markets, while Japan was mostly flat and South Korea and Taiwan shares fell. Europe's...

Fed Day By Marc Chandler - May 04, 2022 1

The markets are mostly treading water ahead of the FOMC decision later today. Tech stocks tumbled in Hong Kong and the Hang Seng fell a little more than 1%, while India was the worst performer in the...

RBA Drops "Patience" To Send The Aussie Higher By Marc Chandler - Apr 05, 2022

The Reserve Bank of Australia hinted that it was getting closer to a rate hike. The Australian dollar was bid to its best level since the middle of last year. Australian stocks advanced in a mixed...

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