actual 60.4, previous 64.4
The ISM Services Prices report for January is scheduled to be released on February 5, 2025, at 15:00 GMT. This economic indicator measures the changes in prices for services in the United States.
The actual value for this report is 60.4, which is a decrease of 4 points from the previous value of 64.4. The market consensus or estimate was 64.8, indicating that the actual value came in lower than expected.
This event is categorized as having a low impact on the market. A lower-than-expected ISM Services Prices figure could suggest a decrease in inflationary pressures within the services sector, which may have implications for the overall economy and monetary policy decisions.