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Dakar 2017
Home / Analytics / Economic Indicators / Purchasing Managers Index-PMI Index (Services)
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Purchasing Managers Index-PMI Index (Services)

Purchasing Managers Index-PMI Index (Services)

It is information received from surveys of purchasing managers regarding the industries associated with the service sector. Readings below 45-50 tell about reduction in economic development. PMI Index (EMU) is often influenced by emotion factors, rather than the actual situation. The process of services consumption tends to change at a relatively constant rate, therefore sharp changes in this index value are caused precisely by emotion factors. Purchasing Managers Index (Services) has limited online forex market influence. A value increase of this index leads to euro rate growth. The data on PMI  Index (Services) is published on the next day after publishing of Purchasing Managers Index (PMI Index).

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