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Manufacturing and Services PMIs. EU, 11:00 (GMT+2)

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At 11:00 (GMT+2), data on Manufacturing and Services business activity indices in the euro area for January will be released. The indicators reflect the state of business activity in the national manufacturing and services industries and are calculated based on a survey of purchasing and supply managers of leading national enterprises, while assessing their attitude towards the current economic situation and the prospects for its further development. It is expected that the index will rise from 47.8 points to 48.5 points in the Manufacturing sector and from 49.8 points to 50.2 points in the Services sector. Read more

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