EUR German PMI Services

Actual
51.7
Previous
51.6
Forecast
51.3

An estimation of overall performance in the German service sector. The Service PMI is a survey directed at German executives in which they are questioned about the status of sales, employment and their general outlook. Due to the generally stable nature of German performance in the service sector, the Services PMI does not impact the final GDP figures as much as the far more volatile figure in the manufacturing sector. Because of this, Services PMI usually causes little market movement. The surveys final results are calculated and presented as an index on a 1-100 scale.

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