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Eurozone Services PMI Above Expectations

by The "State" Team

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Europe Update: Service Sector PMI Indices

The final readings for February’s Purchasing Managers Index (PMI) for the service sectors in Europe are out this morning.

Services PMI Final Results:

  • Eurozone Services PMI: 47.9 vs. consensus 47.3 and last month’s 48.6
  • Germany Services PMI: 54.7 vs. consensus 54.1 and last month’s 55.7
  • France Services PMI: 43.7 vs. consensus 42.7 and last month’s 43.6
  • Italy Services PMI: 43.6 vs. consensus 43.6 and last month’s 43.9
  • Spain Services PMI: 44.7 vs. consensus 46.0 and last month’s 44.3
  • UK Services PMI: 51.8 vs. consensus 51.0 and last month’s 51.5

Recall that readings above 50 indicate expansion in the sector while readings under 50 indicate contraction.

 

  iShares EU - Last 12 Months
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  iShares Germany - Last 12 Months
Loading chart © 2001 TickerTech.com

 

  iShares France - Last 12 Months
Loading chart © 2001 TickerTech.com

 

  iShares Italy - Last 12 Months
Loading chart © 2001 TickerTech.com

 

 

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