Markit Services PMI

Date Time Left   Event Impact Previous Consensus Actual
Apr 21, 07:30  Markit Services PMI 55.6 55.5 54.70

Markit Services PMI

The Services PMI released by the Markit Economics interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.



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