Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for S&P Global/BME Composite PMI was 49.5 against a forecast of 48.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global/BME Composite PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Producer Price Index (MoM) | Bearish change | 0.3% | -0.3% | ||
| Producer Price Index (YoY) | Bearish change | 2.2% | 1.8% | ||
| Core Harmonized Index of Consumer Prices (MoM) | (no change) | 0.2% | 0.2% | ||
| Core Harmonized Index of Consumer Prices (YoY) | (no change) | 2.4% | 2.4% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | -0.1% | -0.1% | ||
| Consumer Price Index (EU Norm) (YoY) | Bearish change | 3.1% | 3% | ||
| Consumer Price Index (YoY) | (no change) | 3% | 3% | ||
| Industrial Production s.a. (MoM) | Bearish change | 0.3% | -0.2% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 3.6% | 3.6% | ||
| Consumer Price Index (EU norm) (YoY) | (no change) | 2% | 2% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | -0.2% | -0.2% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.4% | 2.4% | ||
| Trade Balance s.a. | Bullish change | €14.7B | €19.1B | ||
| Industrial Production n.s.a. w.d.a. (YoY) | Bullish change | -0.5% | 0.1% | ||
| Industrial Production s.a. (MoM) | Bullish change | 0.2% | 0.9% |
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |