Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?
Explore for Free
Italy Services Purchasing Managers Index (PMI)
Add to Calendar
Latest Release
Nov 06, 2024
Actual52.4
Forecast50.3
Previous50.5
The Italian Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector.
The report is based on surveys of about 450 business executives in private sector services companies.
Data is usually released on the third working day of each month.Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs.
Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month.From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The report is based on surveys of about 450 business executives in private sector services companies.
Data is usually released on the third working day of each month.Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs.
Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month.From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 04, 2024 (Nov) | 03:45 | 52.4 | |||
| Nov 06, 2024 (Oct) | 03:45 | 52.4 | 50.3 | 50.5 | |
| Oct 03, 2024 (Sep) | 02:45 | 50.5 | 51.2 | 51.4 | |
| Sep 04, 2024 (Aug) | 02:45 | 51.4 | 52.5 | 51.7 | |
| Aug 05, 2024 (Jul) | 02:45 | 51.7 | 53.0 | 53.7 | |
| Jul 03, 2024 (Jun) | 02:45 | 53.7 | 53.9 | 54.2 |
News
European stocks largely lower, Eurozone PMIs in focus
By Investing.com - Dec 05, 2022
By Peter Nurse Investing.com - European stock markets largely edged lower Monday ahead of the release of key activity data, with caution key even as more Chinese cities relaxed mobility...
Look Out For the U.S. Employment Report: 5 Key Stock Market Indicators This Friday
By Investing.com - Jun 03, 2022
By Laura Sanchez Investing.com - Investors today are keeping an eye on US employment data, one of the thermometers, along with inflation, used by the US Federal Reserve (Fed) to gauge the health of...
All Eyes on the Fed: 5 Key Factors to Watch Out For in the Markets on Wednesday
By Investing.com - May 04, 2022
By Laura Sanchez Investing.com - The U.S. Federal Reserve (Fed) will announce its interest rate decision today. The European Central Bank (ECB) will also hold a non-monetary policy meeting. The...
Analysis
Sterling Slips As Bank Of England Hits Traders With Bucket Of Ice Water
By Colin Cieszynski - Aug 03, 2017
Traders thinking that, based on recent MPC comments, the Bank of England was preparing to start raising interest rates, were hit with a bucket of ice water this morning. The MPC voted to maintain its...
Italian Services PMI Discussion
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review