Manufacturing and Service PMI. Germany, 09:30 (GMT+2)

At 09:30 (GMT+2), data on business activity indexes in Germany’s industry and services will be released for April. The indicators reflect the state of business activity in the national manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading national enterprises. At the same time, the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development is assessed. It is expected that the index for the industry will decrease from 56.9 to 54.5 points and the index for the service sector – from 56.1 to 55.5 points. Implementation of the forecast may put pressure on the euro.

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