Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is high.
There is no forecast value for S&P Global/BME Manufacturing PMI yet - check back for updates.
The most recent announced value for S&P Global/BME Manufacturing PMI was 49.5 against a forecast of 48.5.
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 Manufacturing PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Industrial Production s.a. (MoM) | Bearish change | 0.3% | -1.2% | ||
Harmonized Index of Consumer Prices (YoY) | (no change) | 3% | 3% | ||
Consumer Price Index (EU norm) (YoY) | (no change) | 1.1% | 1.1% | ||
ZEW Survey – Current Situation | Bearish change | -76.4 | -80 | ||
ZEW Survey – Economic Sentiment | Bullish change | 37.3 | 39.3 | ||
ZEW Survey – Economic Sentiment | Bearish change | 26.1 | 22.7 | ||
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 | €17.2B | ||
Industrial Production n.s.a. w.d.a. (YoY) | Bearish change | 1.5% | -3.9% | ||
Industrial Production s.a. (MoM) | Bearish change | 1.3% | -4.3% | ||
Factory Orders n.s.a. (YoY) | Bullish change | -3.3% | 1.5% | ||
Factory Orders s.a. (MoM) | Bullish change | -2.7% | -0.8% | ||
Retail Sales (MoM) | Bullish change | -0.4% | 0.1% | ||
Retail Sales (YoY) | Bearish change | 2.1% | 1% | ||
Sentix Investor Confidence | Bullish change | -9.2 | -5.4 | ||
Producer Price Index (MoM) | Bearish change | 0.3% | -0.3% | ||
Producer Price Index (YoY) | Bearish change | 0.2% | -0.6% | ||
Unemployment Rate | Bearish change | 6.2% | 6.3% |
Country: | Germany |
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Currency: | EUR |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |