Date
GMT+01:00
 Event Previous Forecast Actual
Aug, 21 14:45
★★
 Final Services PMI
Final Services PMI
Country:
Date: Aug, 21 14:45
Importance: Medium
Previous: 54.6
Forecast: 53.9
Actual: -
Period: Aug
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact.
54.6 53.9 -
Aug, 21 14:45
★★
 Composite PMI
Composite PMI
Country:
Date: Aug, 21 14:45
Importance: Medium
Previous: 54.5
Forecast: -
Actual: -
Period: Aug
An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
 54.5 - -
Aug, 21 15:00
★
 Consumer Confidence
Consumer Confidence
Country:
Date: Aug, 21 15:00
Importance: Low
Previous: -15.9
Forecast: -16.0
Actual: -
Period: Aug

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

 -15.9 -16.0 -