Services PMI. UK, 11:30 (GMT+2) 04 Dec

04Dec.202410:30

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

At 11:30 (GMT+2), the November UK services business activity index is due. The indicator is based on a survey of purchasing managers of non-manufacturing enterprises in the country, while assessing the respondents’ attitude to the current economic situation. It may fall from 52.0 points to 50.0 points, and the composite value from 51.8 points to 49.9 points.

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04 Dec. 2024 09:55

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

At 10:55 (GMT+2), the November services PMI in Germany 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 51.6 points to 49.4 points, and the composite value 48.6 points to 47.3 points, putting pressure on the euro.

04 Dec. 2024 11:00

Producer price index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), the October data on the producer price index in the euro area 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 considered). The increase in prices for producers contributes to the growth of consumer inflation in the region. It may change from –0.6% to 0.4% MoM and from –3.4% to –3.5% YoY.

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