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S&P Global/BME Composite PMI

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and 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).

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Most recent - Wednesday 6 November 2024 08:55

48.4

Forecast

48.4

Actual

48.6

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Friday 22 November 2024 08:30

48.6

Forecast

48.6

Actual

The typical/expected impact on EUR pairs is high.

The consensus forecast for S&P Global/BME Composite PMI is 48.6. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for S&P Global/BME Composite PMI was 48.6 against a forecast of 48.4.

Past events

Date

Forecast

Actual

Wednesday 6 November 2024 08:55

48.4

48.6

Thursday 24 October 2024 07:30

48.4

Thursday 3 October 2024 07:55

47.2

47.5

Monday 23 September 2024 07:30

48.2

47.2

Wednesday 4 September 2024 07:55

48.5

48.4

Thursday 22 August 2024 07:30

49.2

48.5

Monday 5 August 2024 07:55

48.7

49.1

Wednesday 24 July 2024 07:30

50.7

48.7

Wednesday 3 July 2024 07:55

50.6

50.4

Friday 21 June 2024 07:30

52.7

50.6

Wednesday 5 June 2024 07:55

52.2

52.4

Thursday 23 May 2024 07:30

52.2

Monday 6 May 2024 07:55

50.5

50.6

Tuesday 23 April 2024 07:30

48.6

50.5

Thursday 4 April 2024 07:55

47.4

47.7

Thursday 21 March 2024 08:30

47.4

Tuesday 5 March 2024 08:55

46.1

46.3

Thursday 22 February 2024 08:30

47.5

46.1

Monday 5 February 2024 08:55

47.1

Wednesday 24 January 2024 08:30

47.8

47.1

Thursday 4 January 2024 08:55

46.7

47.4

Friday 15 December 2023 08:30

48.2

46.7

Tuesday 5 December 2023 08:55

47.1

47.8

Thursday 23 November 2023 08:30

46.5

47.1

Monday 6 November 2023 08:55

45.8

45.9

Tuesday 24 October 2023 07:30

46.7

45.8

Wednesday 4 October 2023 07:55

46.2

46.4

Friday 22 September 2023 07:30

44.8

46.2

Tuesday 5 September 2023 07:55

44.7

44.6

Wednesday 23 August 2023 07:30

48.3

44.7

Thursday 3 August 2023 07:55

48.3

48.5

Monday 24 July 2023 07:30

50.3

48.3

Wednesday 5 July 2023 07:55

50.8

50.6

Friday 23 June 2023 07:30

53.5

50.8

Monday 5 June 2023 07:55

54.3

53.9

Tuesday 23 May 2023 07:30

53.5

54.3

Thursday 4 May 2023 07:55

53.9

54.2

Friday 21 April 2023 07:30

52.7

53.9

Wednesday 5 April 2023 07:55

52.6

Friday 24 March 2023 08:30

52.6

Friday 3 March 2023 08:55

51.1

50.7

Tuesday 21 February 2023 08:30

50.4

51.1

Friday 3 February 2023 08:55

49.7

49.9

Tuesday 24 January 2023 08:30

49.6

49.7

Wednesday 4 January 2023 08:55

48.9

Friday 16 December 2022 08:30

46.5

48.9

Monday 5 December 2022 08:55

46.4

46.3

Wednesday 23 November 2022 08:30

44.9

46.4

Friday 4 November 2022 08:55

44.1

45.1

Monday 24 October 2022 07:30

45.3

44.1

Wednesday 5 October 2022 07:55

45.9

45.7

Friday 23 September 2022 07:30

45.9

Monday 5 September 2022 07:55

47.6

46.9

Tuesday 23 August 2022 07:30

47.4

47.6

Wednesday 3 August 2022 07:55

48.1

Friday 22 July 2022 07:30

50.1

Tuesday 5 July 2022 07:55

51.3

Thursday 23 June 2022 07:30

53.1

51.3

Friday 3 June 2022 07:55

54.6

53.7

Tuesday 24 May 2022 07:30

54.6

Wednesday 4 May 2022 07:55

54.5

54.3

Friday 22 April 2022 07:30

54.1

54.5

Tuesday 5 April 2022 07:55

54.6

55.1

Thursday 24 March 2022 08:30

53.7

54.6

Thursday 3 March 2022 08:55

56.2

55.6

Monday 21 February 2022 08:30

54.3

56.2

Thursday 3 February 2022 08:55

54.3

53.8

Monday 24 January 2022 08:30

49.2

54.3

Wednesday 5 January 2022 08:55

49.9

Thursday 16 December 2021 08:30

51.1

Friday 3 December 2021 08:55

52.8

52.2

Tuesday 23 November 2021 08:30

52.8

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/BME Composite PMI result:

		Previous	Latest
Core Harmonized Index of Consumer Prices (MoM)	(no change)	0.2%	0.2%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	2.7%	2.7%
Harmonized Index of Consumer Prices (MoM)	(no change)	0.3%	0.3%
Consumer Price Index (EU Norm) (YoY)	(no change)	1%	1%
Consumer Price Index (YoY)	(no change)	0.9%	0.9%
Consumer Price Index (EU norm) (YoY)	Bullish change	1.5%	1.6%
Industrial Production s.a. (MoM)	Bearish change	1.5%	-2%
Employment Change (QoQ)	(no change)	0.2%	0.2%
Gross Domestic Product s.a. (QoQ)	(no change)	0.4%	0.4%
Gross Domestic Product s.a. (YoY)	(no change)	0.9%	0.9%
Harmonized Index of Consumer Prices (YoY)	(no change)	1.8%	1.8%
ZEW Survey – Current Situation	Bearish change	-86.9	-91.4
ZEW Survey – Economic Sentiment	Bearish change	13.1	7.4
ZEW Survey – Economic Sentiment	Bearish change	20.1	12.5
Harmonized Index of Consumer Prices (MoM)	(no change)	0.4%	0.4%
Harmonized Index of Consumer Prices (YoY)	(no change)	2.4%	2.4%
Retail Sales (MoM)	Bearish change	1.1%	0.5%
Retail Sales (YoY)	Bullish change	2.4%	2.9%
30-y Bond Auction	Bullish change	3.853%	3.877%
Industrial Production n.s.a. w.d.a. (YoY)	Bearish change	-3%	-4.6%
Industrial Production s.a. (MoM)	Bearish change	2.6%	-2.5%
Trade Balance s.a.	Bearish change	€22.5B	€17B
Producer Price Index (MoM)	Bearish change	0.6%	-0.6%
Producer Price Index (YoY)	Bearish change	-2.3%	-3.4%
HCOB Composite PMI	Bullish change	49.7	50
HCOB Services PMI	Bullish change	51.4	51.6
HCOB Services PMI	Bearish change	57	54.9
Factory Orders n.s.a. (YoY)	Bullish change	-3.4%	1%
Factory Orders s.a. (MoM)	Bullish change	-5.4%	4.2%

About S&P Global/BME Composite PMI

Country:	Germany
Currency:	EUR
Source:	IHS Markit
Category:	Economic Activity
Frequency:	Monthly

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S&P Global/BME Composite PMI

Most recent - Wednesday 6 November 2024 08:55

Next event - Friday 22 November 2024 08:30

Trading range

Trading range after each S&P Global/BME Composite PMI event

Forecast history

Past events

Economic context

About S&P Global/BME Composite PMI

Related events