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S&P Global Composite PMI

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

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Most recent - Wednesday 23 April 2025 08:00

50.9

Forecast

50.3

Actual

50.1

Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Next event - Monday 5 May 2025 08:00

Forecast

Actual

The typical/expected impact on EUR pairs is medium.

There is no forecast value for S&P Global Composite PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for S&P Global Composite PMI was 50.1 against a forecast of 50.3.

Past events

Date

Forecast

Actual

Wednesday 23 April 2025 08:00

50.3

50.1

Thursday 3 April 2025 08:00

50.4

50.9

Monday 24 March 2025 09:00

50.4

Wednesday 5 March 2025 09:00

50.2

Friday 21 February 2025 09:00

50.5

50.2

Wednesday 5 February 2025 09:00

50.2

Friday 24 January 2025 09:00

49.7

50.2

Monday 6 January 2025 09:00

49.5

49.6

Monday 16 December 2024 09:00

49.5

Wednesday 4 December 2024 09:00

48.1

48.3

Friday 22 November 2024 09:00

48.1

Wednesday 6 November 2024 09:00

49.7

Thursday 24 October 2024 08:00

49.7

Thursday 3 October 2024 08:00

48.9

49.6

Monday 23 September 2024 08:00

50.6

48.9

Wednesday 4 September 2024 08:00

51.2

Thursday 22 August 2024 08:00

50.1

51.2

Monday 5 August 2024 08:00

50.1

50.2

Wednesday 24 July 2024 08:00

51.1

50.1

Wednesday 3 July 2024 08:00

50.8

50.9

Friday 21 June 2024 08:00

52.5

50.8

Wednesday 5 June 2024 08:00

52.3

52.2

Thursday 23 May 2024 08:00

52.3

Monday 6 May 2024 08:00

51.4

51.7

Tuesday 23 April 2024 08:00

50.8

51.4

Thursday 4 April 2024 08:00

49.9

50.3

Thursday 21 March 2024 09:00

49.7

49.9

Tuesday 5 March 2024 09:00

48.9

49.2

Thursday 22 February 2024 09:00

48.5

48.9

Monday 5 February 2024 09:00

47.9

Wednesday 24 January 2024 09:00

47.9

Thursday 4 January 2024 09:00

47.6

Friday 15 December 2023 09:00

Tuesday 5 December 2023 09:00

47.1

47.6

Thursday 23 November 2023 09:00

46.9

47.1

Monday 6 November 2023 09:00

46.5

Tuesday 24 October 2023 08:00

47.4

46.5

Wednesday 4 October 2023 08:00

47.1

47.2

Friday 22 September 2023 08:00

46.5

47.1

Tuesday 5 September 2023 08:00

46.7

Wednesday 23 August 2023 08:00

48.5

Thursday 3 August 2023 08:00

48.9

48.6

Monday 24 July 2023 08:00

49.7

48.9

Wednesday 5 July 2023 08:00

50.3

49.9

Friday 23 June 2023 08:00

52.5

50.3

Monday 5 June 2023 08:00

53.3

52.8

Tuesday 23 May 2023 08:00

53.7

53.3

Thursday 4 May 2023 08:00

54.4

54.1

Friday 21 April 2023 08:00

53.7

54.4

Wednesday 5 April 2023 08:00

54.1

53.7

Friday 24 March 2023 09:00

51.9

54.1

Friday 3 March 2023 09:00

52.3

Tuesday 21 February 2023 09:00

50.6

52.3

Friday 3 February 2023 09:00

50.2

50.3

Tuesday 24 January 2023 09:00

49.8

50.2

Wednesday 4 January 2023 09:00

48.8

49.3

Friday 16 December 2022 09:00

48.8

Monday 5 December 2022 09:00

47.8

Wednesday 23 November 2022 09:00

47.8

Friday 4 November 2022 09:00

47.1

47.3

Monday 24 October 2022 08:00

47.5

47.1

Wednesday 5 October 2022 08:00

48.2

48.1

Friday 23 September 2022 08:00

48.2

Monday 5 September 2022 08:00

49.2

48.9

Tuesday 23 August 2022 08:00

49.2

Wednesday 3 August 2022 08:00

49.4

49.9

Friday 22 July 2022 08:00

49.4

Tuesday 5 July 2022 08:00

51.9

Thursday 23 June 2022 08:00

51.9

Friday 3 June 2022 08:00

54.9

54.8

Tuesday 24 May 2022 08:00

55.3

54.9

Wednesday 4 May 2022 08:00

55.8

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global Composite PMI result:

		Previous	Latest
IFO – Business Climate	Bullish change	86.7	86.9
IFO – Current Assessment	Bullish change	85.7	86.4
IFO – Expectations	Bearish change	87.7	87.4
10-y Bond Auction	Bullish change	2.68%	2.47%
HCOB Manufacturing PMI	Bullish change	48.6	48.7
HCOB Services PMI	Bearish change	51	49.7
HCOB Composite PMI	Bearish change	51.3	49.7
HCOB Manufacturing PMI	Bearish change	48.3	48
HCOB Services PMI	Bearish change	50.9	48.8
HCOB Composite PMI	Bearish change	48	47.3
HCOB Manufacturing PMI	Bearish change	48.5	48.2
HCOB Services PMI	Bearish change	47.9	46.8
Consumer Confidence	Bearish change	-14.5	-16.7
Producer Price Index (MoM)	Bearish change	-0.2%	-0.7%
Producer Price Index (YoY)	Bearish change	0.7%	-0.2%
Core Harmonized Index of Consumer Prices (MoM)	(no change)	1%	1%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	2.4%	2.4%
Harmonized Index of Consumer Prices (MoM)	(no change)	0.6%	0.6%
Consumer Price Index (EU Norm) (YoY)	(no change)	2.1%	2.1%
Consumer Price Index (YoY)	Bearish change	2%	1.9%
ZEW Survey – Current Situation	Bullish change	-87.6	-81.2
ZEW Survey – Economic Sentiment	Bearish change	51.6	-14
Industrial Production s.a. (MoM)	Bullish change	0.6%	1.1%
ZEW Survey – Economic Sentiment	Bearish change	39.8	-18.5
Consumer Price Index (EU norm) (YoY)	(no change)	0.9%	0.9%
Harmonized Index of Consumer Prices (YoY)	(no change)	2.2%	2.2%
Harmonized Index of Consumer Prices (MoM)	(no change)	0.4%	0.4%
Harmonized Index of Consumer Prices (YoY)	(no change)	2.3%	2.3%

About S&P Global Composite PMI

Country:	Eurozone
Currency:	EUR
Source:	IHS Markit
Category:	Economic Activity
Frequency:	Monthly

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	Australia		Gross Domestic Product (QoQ)
	Canada		Gross Domestic Product Annualized
	Switzerland		Gross Domestic Product s.a. (QoQ)
	China		Non-Manufacturing PMI
	China		Gross Domestic Product (YoY)
	China		Gross Domestic Product (QoQ)
	China		Industrial Production (YoY)
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	Germany		S&P Global/BME Composite PMI
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	Eurozone		Gross Domestic Product s.a. (YoY)
	Eurozone		Gross Domestic Product s.a. (QoQ)
	Eurozone		S&P Global Manufacturing PMI
	Eurozone		S&P Global Services PMI
	Japan		Gross Domestic Product (QoQ)
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	New Zealand		Gross Domestic Product (YoY)
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	United States		Gross Domestic Product Annualized
	United States		ISM Services PMI
	Australia		Private Capital Expenditure
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	Australia		National Australia Bank's Business Confidence (QoQ)
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	Australia		S&P Global Composite PMI
	Australia		AiG Industry Index
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	Canada		Bank of Canada Business Outlook Survey
	Canada		Gross Domestic Product (MoM)
	Canada		Ivey Purchasing Managers Index
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	Switzerland		Industrial Production (YoY)
	Switzerland		Gross Domestic Product (YoY)
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	Germany		IFO – Expectations
	Germany		ZEW Survey – Current Situation
	Germany		IFO – Business Climate
	Germany		Industrial Production n.s.a. w.d.a. (YoY)
	Germany		Gross Domestic Product w.d.a (YoY)
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	Germany		Factory Orders s.a. (MoM)
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	Eurozone		Sentix Investor Confidence
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	Spain		S&P Global Services PMI
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	Spain		S&P Global Manufacturing PMI
	Spain		Gross Domestic Product (QoQ)
	France		S&P Global Manufacturing PMI
	France		S&P Global Composite PMI
	France		S&P Global Services PMI
	India		HSBC Services PMI
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	India		HSBC Manufacturing PMI
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	Italy		Gross Domestic Product (YoY)
	Italy		S&P Global Manufacturing PMI
	Italy		Gross Domestic Product (QoQ)
	Japan		Tankan Large All Industry Capex
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S&P Global Composite PMI

Most recent - Wednesday 23 April 2025 08:00

Next event - Monday 5 May 2025 08:00

Trading range

Trading range after each S&P Global Composite PMI event

Forecast history

Past events

Economic context

About S&P Global Composite PMI

Related events