Euro Area May Services PMI Final

Market research firm Markit announced the Euro Area May Services PMI Final on 2025-05-22. The reported figure stands at 49.7, against a forecast of 48.9, with the prior figure recorded as 48.9.

Regarding the Euro Area May Services PMI Final, Actual value > Forecast value = Bullish for Euro, Conduct surveys on service industry enterprises; respondents make evaluative comments on the relative level of the business situation, including issues such as employment conditions, production conditions, new orders, prices, supplier deliveries, and inventory levels. It is a leading indicator of economic health—enterprises can respond quickly to market conditions, and their purchasing managers may represent the main economic views of the enterprise. By observing changes in this data, future economic trends can be assessed.

This data holds an importance level of , calculated using An indicator for measuring the development of the service industry based on a survey of purchasing managers in the service sector, and updates monthly.

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