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

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

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Status

 
Latest Release
Aug 03, 2022
Actual
49.9
Forecast
49.4
Previous
52.0
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).
Importance:
Country:
Currency: EUR
Source: S&P Global
Eurozone S&P Global Composite Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Sep 05, 2022 (Aug) 04:00   49.4 49.4
Aug 23, 2022 (Aug) 04:00     51.0 49.9
Aug 03, 2022 (Jul) 04:00 49.9 49.4 52.0
Jul 22, 2022 (Jul) 04:00   49.4 51.0 52.0
Jul 05, 2022 (Jun) 04:00 52.0 51.9 54.8
Jun 23, 2022 (Jun) 04:00   51.9 54.0 54.8

News

European Shares Hold Steady as Fed Decision Looms
European Shares Hold Steady as Fed Decision Looms By Investing.com - Jul 25, 2022 3

By Scott Kanowsky  Investing.com -- European stock markets largely held steady on Monday, as investors weighed the potential impact of another expected jumbo-sized Federal Reserve interest rate hike...

Analysis

Marc Chandler
The Fed And U.S. GDP By Marc Chandler - Jul 24, 2022

The outcome of the Federal Reserve Open Market Committee meeting on July 27 is the most important event in the last week of July. After a brief flirtation with a 100 bp hike after the June CPI...

S&P Global Composite PMI Discussion

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All Comments (1)
Ted Byrley
ByerlyCastle Jun 30, 2019 2:41PM ET
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The Fed has lost its way.  Thinking the Federal Reserve really has the power to prevent a recession is nuts.  This is most probably because US markets are at all time highs. Recessions are a part of life.  This can only come to a bad ending.  Milton Friedman is turning over in his grave.  Most likely Keynes is doing the same.  Can someone help us?
 
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