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New data ISM Services Prices (Jan)

2/5/2025

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.

This is not investment advice. Remember to verify the information provided here.

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