Date
GMT+00:00
Event
Jan, 24 08:15
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Jan, 24 08:15
Importance: Medium
Previous: 50.4
Forecast: 50.5
Actual: -
Period: Jan

A monthly guage of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

Jan, 24 08:15
★★
PMI Services
PMI Services
Country:
Date: Jan, 24 08:15
Importance: Medium
Previous: 52.4
Forecast: 52.2
Actual: -
Period: Jan

Gauge for the overall performance of the country's service sector. The Services PMI interviews executives on the status of sales, employment, and their outlook. Because the performance of the country's 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. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

Jan, 24 08:15
★★
Composite PMI
Composite PMI
Country:
Date: Jan, 24 08:15
Importance: Medium
Previous: 52.0
Forecast: 52.0
Actual: -
Period: Jan
An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
Jan, 24 08:30
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Jan, 24 08:30
Importance: Medium
Previous: 43.7
Forecast: 44.6
Actual: -
Period: Jan

Gauge for overall performance of the German manufacturing sector. Through asking executives about sales and employment outlook, the survey strives to provide useful information about the business climate that can lead to developments in employment, output and consumption. The PMI survey results are the result of interviews with business executives. Manufacturing is an important sector in Germany , which is why changes in Manufacturing PMI can provide a good indicator to the overall economic condition in Germany as well as Euro-zone. However, despite the timeliness of the report, Manufacturing PMI is not a big market mover.
The survey results are quantified into index where 0 represents long term manufacturing business conditions. The headline figure is expressed in percentage change.

Jan, 24 08:30
★★
PMI Services
PMI Services
Country:
Date: Jan, 24 08:30
Importance: Medium
Previous: 52.9
Forecast: 53.2
Actual: -
Period: Jan

Gauge for the overall performance of the German service sector. The Services PMI 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. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

Jan, 24 08:30
★★
Composite PMI
Composite PMI
Country:
Date: Jan, 24 08:30
Importance: Medium
Previous: 50.2
Forecast: 50.5
Actual: -
Period: Jan
An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
Jan, 24 09:00
★★
Ifo Business Climate Index
Ifo Business Climate Index
Country:
Date: Jan, 24 09:00
Importance: Medium
Previous: 96.3
Forecast: -
Actual: -
Period: Jan

The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

Jan, 24 09:00
★★
Ifo Current Assessment
Ifo Current Assessment
Country:
Date: Jan, 24 09:00
Importance: Medium
Previous: 98.8
Forecast: -
Actual: -
Period: Jan

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Current Assessment
Measures current German business conditions, without considering future expectations.

Jan, 24 09:00
★★
IFO - Expectations
IFO - Expectations
Country:
Date: Jan, 24 09:00
Importance: Medium
Previous: 93.8
Forecast: -
Actual: -
Period: Jan

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Expectations
Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

Jan, 24 09:00
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Jan, 24 09:00
Importance: Medium
Previous: 46.3
Forecast: 46.9
Actual: -
Period: Jan

The Euro-zone Manufacturing Purchasing Managers Index (PMI) assesses business conditions in the manufacturing sector. Because the manufacturing sector represents nearly a quarter of total Euro-zone GDP, the Euro-zone Manufacturing PMI is both a significant and timely indicator of business conditions and the general health of the economy. Results are quantified in an index in which values above 50 indicate an expected increase of business conditions and values below 50 signal an expected deterioration.

Jan, 24 09:00
★★
PMI Services
PMI Services
Country:
Date: Jan, 24 09:00
Importance: Medium
Previous: 52.8
Forecast: 52.9
Actual: -
Period: Jan

Gauge for the overall performance of the German service sector. The Services PMI 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. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

Jan, 24 09:00
★★
Composite PMI
Composite PMI
Country:
Date: Jan, 24 09:00
Importance: Medium
Previous: 50.9
Forecast: 51.2
Actual: -
Period: Jan

The Eurozone Composite Purchasing Managers Index (PMI) assesses business conditions in manufacturing, construction and service sectors. The Eurozone PMI is both a significant and timely indicator of business conditions and the general health of the economy. Close correlation with the business cycle, assessed on the basis of long-term statistical data, allows to use the PMI indicator for prognosis of future GDP volumes. The PMI indices are based onĀ  selected panels of executives in companies who report each month on real events. The subindex of intangibles sector - PMI services - is of more importance because in industrialized countries around 70% of GDP is generated in non-manufacturing sector.

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