Services PMI. UK, 11:30 (GMT+2) 05 Dec

05Dec.202310:30

Services PMI. UK, 11:30 (GMT+2)

UK Services PMI for November is due at 11:30 (GMT+2). The index is calculated on the basis of a survey of supply managers of enterprises in the non-manufacturing sector of the country, while assessing the attitude of respondents to the current economic situation. The index is expected to rise from 49.5 points to 50.5 points in November, and the Composite PMI may rise from 48.7 points to 50.1 points.

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05 Dec. 2023 09:55

Services PMI. Germany, 10:55 (GMT+2)

German Services PMI for November is due at 10:55 (GMT+2). The indicator is calculated on the basis of a survey of procurement managers of enterprises in the services sector, while assessing their attitude to the current economic situation and prospects for its further development. The index is expected to rise from 48.2 points to 48.7 points in November, and the Composite PMI may rise from 45.9 points to 47.1 points.

05 Dec. 2023 11:00

Producer Price Index. EU, 12:00 (GMT+2)

October data on the euro area's Producer Price Index are due at 12:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. A slowdown in negative dynamics is predicted from −12.4% to −9.4% on an annual basis and a correction from 0.5% to 0.2% on a monthly basis, which is likely to occur driver of the decline in euro quotes.

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