Challenges
S&P Global Services PMI
Most recent - Wednesday 5 February 2025 08:15
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
Next event - Wednesday 5 March 2025 08:15
The typical/expected impact on EUR pairs is medium.
There is no forecast value for S&P Global Services PMI yet - check back for updates.
Trading range
Forecast history
The most recent announced value for S&P Global Services PMI was 54.9 against a forecast of 57.1.
Past events
Economic context
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 Services PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Producer Price Index (MoM) | (no change) | -0.1% | -0.1% | ||
| Producer Price Index (YoY) | Bearish change | 0.8% | 0.5% | ||
| ZEW Survey – Current Situation | Bullish change | -90.4 | -88.5 | ||
| ZEW Survey – Economic Sentiment | Bullish change | 10.3 | 26 | ||
| ZEW Survey – Economic Sentiment | Bullish change | 18 | 24.2 | ||
| Consumer Price Index (EU norm) (YoY) | (no change) | 1.8% | 1.8% | ||
| Employment Change (QoQ) | Bearish change | 0.2% | 0.1% | ||
| Gross Domestic Product s.a. (QoQ) | Bullish change | 0% | 0.1% | ||
| Gross Domestic Product s.a. (YoY) | (no change) | 0.9% | 0.9% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.9% | 2.9% | ||
| Industrial Production s.a. (MoM) | Bearish change | 0.4% | -1.1% | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | -0.2% | -0.2% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.8% | 2.8% | ||
| Sentix Investor Confidence | Bullish change | -17.7 | -12.7 | ||
| Industrial Production n.s.a. w.d.a. (YoY) | Bearish change | -2.8% | -3.1% | ||
| Industrial Production s.a. (MoM) | Bearish change | 1.3% | -2.4% | ||
| Trade Balance s.a. | Bullish change | €19.2B | €20.7B |
About S&P Global Services PMI
| Country: | Spain |
|---|---|
| Currency: | EUR |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |