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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
GermanyMarkit Services PMI fell to 55 in March 2022
Financial Modeling PrepMonthlyReleased March 2022
Markit Services PMI fell to 55 in March 2022, down 0.8 from February's 55.8 reading. The reading matched the 53.8 consensus. Markit Services PMI has now declined for 3 consecutive months. Over the past 3 months, Markit Services PMI averaged 53.1, vs 52.94 in the prior 3-month window. The reading is in the 64th percentile of the trailing 24-month range.
Latest Release
55
Actual
53.8
Consensus
55.8
Previous
The March 2022 reading fell from the previous value of 55.8. Historically, this indicator is positively correlated with DAX (Bullish DE) and positively correlated with EUR/USD (Bullish EUR).
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Markit Services PMI - DE
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