Germany HCOB Composite PMI
Category:
Composite PMI
Units:
Points
In Germany, the Germany Composite Output Index tracks business trends across both the manufacturing and service sectors, based on data collected from a representative panel of over 1,000 companies (50 percent from the manufacturing sector and 50 percent from the services sector). The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Source:
S&P Global
Event Details
Impact:
Medium
Country:
Symbol:
EUR
Latest Release
Previous:
50.4
Consensus:
50.7
Actual:
48.7
Next Release
Date:
07:55 AM, 5 Aug 2024 (in 9 days)
Time left:
in 9 days
Consensus:
48.7