| Indicator | Value |
|---|---|
| Forecast | 53.0 |
| Previous | 53.9 |
Flash Services PMI is an indicator that measures activity in the services sector. Readings above 50 indicate expansion, while below 50 indicate contraction. It is a significant indicator for assessing the health of the economy, as the services sector constitutes a large part of GDP in many countries.
Watchlist: DXY reaction, UST yields, credit spreads
Related Topics
Related Analysis
Further Reading
- Global Economic Prospects — World Bank
- Consumer Price Index (CPI) — Investopedia
