Services PMI. UK, 10:30 (GMT+2) 06 May

06May.202509:30

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

At 10:30 (GMT+2), the April UK Services PMI is due. The indicator is calculated based on a survey of purchasing managers of non-manufacturing enterprises in the country, and it assesses the attitude of respondents to the current economic situation. It may change from 52.5 points to 48.9 points, and the composite value from 51.5 points to 48.2 points, putting pressure on the pound.

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06 May. 2025 08:55

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

At 09:55 (GMT+2), the April Services Business Activity Index in Germany is due. The indicator is calculated based on a survey of purchasing managers at non-manufacturing enterprises, assessing their attitude to the current economic situation and prospects for its further development. It may fall from 50.9 points to 48.8 points, while the composite value from 51.3 points to 49.7 points, putting pressure on the euro.

06 May. 2025 10:00

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

At 11:00 (GMT+2), March data on the producer price index in the EU 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). Higher producer prices are driving consumer inflation in the region. It may change from 0.8% to 0.3% MoM and from 1.8% to 1.4% YoY.

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