At 09:30 (GMT+2), May data on business activity indices in the manufacturing and service sectors of Germany is due. 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 the attitude of purchasing and supply managers to the current economic situation and prospects for its further development. It is expected that in the manufacturing sector, the index will increase from 42.5 points to 43.2 points, in the services sector – from 53.2 points to 53.5 points, and the composite business activity index will be adjusted from 50.6 points to 50.5 points.
