Manufacturing and service PMI. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), May data on business activity indices in the manufacturing and services sectors of the EU countries is due. The indicators reflect the state of business activity in the manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading 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 the current 45.7 points to 46.2 points, in the services sector – from 53.3 points to 53.6 points, and the composite business activity index will be adjusted from 51.7 points to 52. 0 points.

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