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 Manufacturing PMI was 51.2 against a forecast of 50.7.
Recent economic data has been strongly bullish for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global Manufacturing PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| 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% | ||
| Producer Price Index (MoM) | Bearish change | 0.7% | 0.2% | ||
| Producer Price Index (YoY) | Bullish change | 5% | 5.9% | ||
| Retail Sales (MoM) | Bullish change | -0.3% | 0.2% | ||
| Retail Sales (YoY) | Bullish change | 0.9% | 1.6% | ||
| Sentix Investor Confidence | Bullish change | -13.4 | -3.1 | ||
| Factory Orders n.s.a. (YoY) | Bullish change | 2.1% | 6.2% | ||
| Factory Orders s.a. (MoM) | Bullish change | -3.2% | 1.9% | ||
| HCOB Composite PMI | Bullish change | 49.5 | 50 | ||
| HCOB Composite PMI | Bullish change | 48 | 49.5 | ||
| HCOB Services PMI | Bullish change | 46.8 | 48.6 | ||
| HCOB Services PMI | Bullish change | 50.1 | 54.2 | ||
| Unemployment Rate | (no change) | 6.2% | 6.2% |
| Country: | France |
|---|---|
| Currency: | EUR |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |