Service PMI. UK, 10:30 (GMT+2) 04 Sep

04Sep.202409:30

Service PMI. UK, 10:30 (GMT+2)

At 10:30 (GMT+2), the UK service PMI for August is due, based on a survey of purchasing managers of non-manufacturing enterprises in the country, assessing the respondents’ attitude to the current economic situation. It may grow from 52.5 points to 53.3 points, and the composite PMI – from 52.8 points to 53.4 points.

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04 Sep. 2024 08:55

Service PMI. Germany, 09:55 (GMT+2)

At 09:55 (GMT+2), the August German service PMI is due, based on a survey of purchasing managers of non-manufacturing enterprises, assessing their attitude to the current economic situation and prospects for its further development. It may fall from 52.5 points to 51.4 points, and the composite PMI – from 49.1 points to 48.5 points.

04 Sep. 2024 10:00

Producer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the July data on the EU producer price index is due. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products, and finished goods are taken into account). The increase in prices for producers contributes to the growth of consumer inflation in the region. It may fall from 0.5% to 0.3% MoM and from –3.2% to –3.3% YoY, putting pressure on the euro.

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