EU – PMI mixed data

Production of PMI

Previous: 49.2
Forecasts: 39.0
Current: 44.8
Higher than forecast

PMI in services

Previous: 52.6
Forecasts: 39.0
Current: 28.4
Lower than forecast

Combined PMI

Previous: 51.6
Forecasts: 38.8
Current: 31.4
Lower than forecast

Despite the fall in overall annual inflation compared to January, the base of the index actually reports slightly higher values, but we still do not see significant growth as the numbers fall within our known range. Therefore, data does not make a big impression on traders and cannot shift the focus of the market.

 Trader Georgi Bozhidarov

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