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Europe Update: Service Sector PMI Indices
The final readings for January Purchasing Managers Index (PMI) for the service sectors in Europe are out this morning.
Final Results:
- Eurozone Services PMI: 50.4 vs. preliminary 50.5 (Dec: 48.8, Nov: 47.5, Oct:46.4, Sept: 48.8, Aug:49.1, July: 51.6, June: 51.4)
- Germany Services PMI: 53.7 vs. preliminary 51.7 (Dec: 52.4, Nov: 50.3, Oct: 50.6, Sept: 49.7, Aug:50.3, July: 52.9, June: 52.9)
- France Services PMI: 52.3 vs. preliminary 51.7 (Dec: 50.3, Nov: 49.6, Oct:44.6, Sept: 51.5, Aug:56.8, July:54.2, June: 54.2)
- Spain Services PMI: 46.1 vs. consensus 43.0 (Dec: 42.1)
- Italy Services PMI: 44.8 vs. 45.1 (Dec: 44.5)
- UK Services PMI: 56.0 vs. 53.5 (Dec: 54.0)
Recall that readings above 50 indicate expansion in the sector while readings under 50 indicate contraction.
iShares EU - Last 12 Months
iShares Germany - Last 12 Months
iShares France - Last 12 Months
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