Manufacturing and Services PMIs. Germany, 10:30 (GMT+2)

At 10:30 (GMT+2), March data on Manufacturing and Services business activity indices in Germany will be released. 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 while assessing their attitude towards the current economic situation and the prospects for its further development. The Manufacturing PMI is expected to grow from 42.5 points to 43.1 points, the Services PMI — from 48.3 points to 48.8 points, and the Composite PMI — from 46.3 points to 46.8 points.

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