actual 50.5, previous 48
The event is the release of the HCOB Composite PMI (Purchasing Managers' Index) for Germany in January 2025. The actual PMI value is 50.5, which indicates a slight improvement compared to the previous month. The PMI is a key economic indicator that provides insight into the performance of the manufacturing and services sectors.
With a medium impact level, this event is likely to influence market sentiment towards the Euro (EUR) currency. The estimate was 50.1, and the previous value was 48, showing a positive change in the economic activity. The 5.208% change percentage indicates a notable increase in the PMI, suggesting potential growth in the German economy.