Investing.com | Jan 04, 2021
The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms throughout the region. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. While manufacturing accounts for a far smaller percentage of economic output than services, it is far more cyclical and is therefore a useful indicator of where in the economic cycle the economy is currently situated.
A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
|Feb 01, 2021 (Jan)||55.5||55.5|
|Jan 22, 2021 (Jan)||54.5||55.2|
|Jan 04, 2021 (Dec)||55.2||55.5||55.5|
|Dec 16, 2020 (Dec)||55.5||53.0||53.8|
|Dec 01, 2020 (Nov)||53.8||53.6||53.6|
|Nov 23, 2020 (Nov)||53.6||53.1||54.8|
Investing.com | Jan 04, 2021
Investing.com | Dec 01, 2020
Reuters | Dec 01, 2020
Spreadex | Jan 17, 2021
CMC Markets | Jan 17, 2021 | 1
Markit Group Limited | Jan 07, 2021
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