The survey covers transport & communication, financial intermediation, business services, personal services, computing & IT and hotels & restaurants. Each response received is weighted according to the size of the company to which the questionnaire refers & the contribution to total service sector output accounted for by the sub-sector to which that company belongs. This therefore ensures that replies from larger companies have a greater impact on the final index numbers than replies from small companies.The results are presented by question asked, showing the % of respondents reporting an improvement, deterioration or no-change since the previous month. From these %, an index is derived such that a level of 50.0 signals no-change since the previous month. Above 50.0 signals an increase (or improvement),below 50.0 a decrease(or deterioration).The greater the divergence from 50.0, the greater the rate of change signaled.<\/p>","description":"The survey covers transport & communication, financial intermediation, business services, personal services, computing & IT and hotels & restaurants. Each response received is weighted according to the size","index":0,"importance_first":"medium","importance_second":"medium","importance_title":"Medium","country_name":"Japan","previous_value":"53.8","forecast_value":"49.8","actual_value":"49.4","actual_color":"red","getIcsFile":"https:\/\/instaforex.org\/\/get_ics?lang=en&title=au+Jibun+Bank+Japan+Services+PMI×tamp=1719966600&location=Japan&description=The+survey+covers+transport+%26+communication%2C+financial+intermediation%2C+business+services%2C+personal+services%2C+computing+%26+IT+and+hotels+%26+restaurants.+Each+response+received+is+weighted+according+to+the+size","addToGoogleCalendar":"https:\/\/www.google.com\/calendar\/render?action=TEMPLATE&text=au+Jibun+Bank+Japan+Services+PMI&dates=20240703T003000Z\/20240703T235900Z&location=ja&details=The+survey+covers+transport+%26+communication%2C+financial+intermediation%2C+business+services%2C+personal+services%2C+computing+%26+IT+and+hotels+%26+restaurants.+Each+response+received+is+weighted+according+to+the+size&sf=true&output=xml","time":"00:30","timeLeft":""},{"event_id":22,"timestamp":1719970200,"actual":"5.5%","forecast":"1.5%","previous":"1.9%","period":"May","importance":"medium","period_comparison":"m\/m","friendly_url":"building-approvals","country":"AU","title":"Building Approvals","body":"
Building Approvals (also known as Building Permits) measures the change in the number of new building approvals issued by the government. Building permits are key indicator of demand in the housing market.<\/p>
A higher than expected reading should be taken as positive\/bullish for the AUD, while a lower than expected reading should be taken as negative\/bearish for the AUD.<\/p>","description":"Building Approvals (also known as Building Permits) measures the change in the number of new building approvals issued by the government. Building permits are key indicator of demand","index":1,"importance_first":"medium","importance_second":"medium","importance_title":"Medium","country_name":"Australia","previous_value":"1.9%","forecast_value":"1.5%","actual_value":"5.5%","actual_color":"green","getIcsFile":"https:\/\/instaforex.org\/\/get_ics?lang=en&title=Building+Approvals×tamp=1719970200&location=Australia&description=Building+Approvals+%28also+known+as+Building+Permits%29+measures+the+change+in+the+number+of+new+building+approvals+issued+by+the+government.+Building+permits+are+key+indicator+of+demand","addToGoogleCalendar":"https:\/\/www.google.com\/calendar\/render?action=TEMPLATE&text=Building+Approvals&dates=20240703T013000Z\/20240703T235900Z&location=au&details=Building+Approvals+%28also+known+as+Building+Permits%29+measures+the+change+in+the+number+of+new+building+approvals+issued+by+the+government.+Building+permits+are+key+indicator+of+demand&sf=true&output=xml","time":"01:30","timeLeft":""},{"event_id":262,"timestamp":1719970200,"actual":"0.6%","forecast":"0.3%","previous":"0.1%","period":"May","importance":"medium","period_comparison":"m\/m","friendly_url":"retail-sales","country":"AU","title":"Retail Sales","body":"
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.<\/p>
A higher than expected reading should be taken as positive\/bullish for the AUD, while a lower than expected reading should be taken as negative\/bearish for the AUD.<\/p>","description":"Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority","index":2,"importance_first":"medium","importance_second":"medium","importance_title":"Medium","country_name":"Australia","previous_value":"0.1%","forecast_value":"0.3%","actual_value":"0.6%","actual_color":"green","getIcsFile":"https:\/\/instaforex.org\/\/get_ics?lang=en&title=Retail+Sales×tamp=1719970200&location=Australia&description=Retail+Sales+measure+the+change+in+the+total+value+of+inflation-adjusted+sales+at+the+retail+level.+It+is+the+foremost+indicator+of+consumer+spending%2C+which+accounts+for+the+majority","addToGoogleCalendar":"https:\/\/www.google.com\/calendar\/render?action=TEMPLATE&text=Retail+Sales&dates=20240703T013000Z\/20240703T235900Z&location=au&details=Retail+Sales+measure+the+change+in+the+total+value+of+inflation-adjusted+sales+at+the+retail+level.+It+is+the+foremost+indicator+of+consumer+spending%2C+which+accounts+for+the+majority&sf=true&output=xml","time":"01:30","timeLeft":""},{"event_id":596,"timestamp":1719971100,"actual":"51.2","forecast":"53.4","previous":"54.0","period":"Jun","importance":"medium","period_comparison":null,"friendly_url":"chinese-caixin-services-pmi","country":"CN","title":"Caixin Services PMI","body":"
The Chinese HSBC Services PMI is compiled by questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The HSBC Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices. A higher than expected reading should be taken as positive\/bullish for the CNY , while a lower than expected reading should be taken as negative\/bearish for the CNY.<\/p>","description":"The Chinese HSBC Services PMI is compiled by questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate","index":3,"importance_first":"medium","importance_second":"medium","importance_title":"Medium","country_name":"China","previous_value":"54.0","forecast_value":"53.4","actual_value":"51.2","actual_color":"red","getIcsFile":"https:\/\/instaforex.org\/\/get_ics?lang=en&title=Caixin+Services+PMI×tamp=1719971100&location=China&description=The+Chinese+HSBC+Services+PMI+is+compiled+by+questionnaires+sent+to+purchasing+executives+in+over+400+private+service+sector+companies.+The+panel+has+been+carefully+selected+to+accurately+replicate","addToGoogleCalendar":"https:\/\/www.google.com\/calendar\/render?action=TEMPLATE&text=Caixin+Services+PMI&dates=20240703T014500Z\/20240703T235900Z&location=cn&details=The+Chinese+HSBC+Services+PMI+is+compiled+by+questionnaires+sent+to+purchasing+executives+in+over+400+private+service+sector+companies.+The+panel+has+been+carefully+selected+to+accurately+replicate&sf=true&output=xml","time":"01:45","timeLeft":""},{"event_id":1629,"timestamp":1719986400,"actual":"47.6","forecast":null,"previous":"49.8","period":"Jun","importance":"medium","period_comparison":null,"friendly_url":"russian-s-p-global-services-pmi","country":"RU","title":"Russian S&P Global Services PMI","body":"
The Russian HSBC Services PMI is compiled by questionnaires sent to purchasing executives in private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The HSBC Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices. A higher than expected reading should be taken as positive\/bullish for the RUB , while a lower than expected reading should be taken as negative\/bearish for the RUB.<\/p>","description":"The Russian HSBC Services PMI is compiled by questionnaires sent to purchasing executives in private service sector companies. The panel has been carefully selected to accurately replicate the true structure","index":4,"importance_first":"medium","importance_second":"medium","importance_title":"Medium","country_name":"Russia","previous_value":"49.8","forecast_value":null,"actual_value":"47.6","actual_color":"","getIcsFile":"https:\/\/instaforex.org\/\/get_ics?lang=en&title=Russian+S%26P+Global+Services+PMI×tamp=1719986400&location=Russia&description=The+Russian+HSBC+Services+PMI+is+compiled+by+questionnaires+sent+to+purchasing+executives+in+private+service+sector+companies.+The+panel+has+been+carefully+selected+to+accurately+replicate+the+true+structure","addToGoogleCalendar":"https:\/\/www.google.com\/calendar\/render?action=TEMPLATE&text=Russian+S%26P+Global+Services+PMI&dates=20240703T060000Z\/20240703T235900Z&location=ru&details=The+Russian+HSBC+Services+PMI+is+compiled+by+questionnaires+sent+to+purchasing+executives+in+private+service+sector+companies.+The+panel+has+been+carefully+selected+to+accurately+replicate+the+true+structure&sf=true&output=xml","time":"06:00","timeLeft":""},{"event_id":871,"timestamp":1719990000,"actual":"71.60%","forecast":"72.60%","previous":"75.45%","period":"Jun","importance":"medium","period_comparison":"y\/y","friendly_url":"turkish-cpi","country":"TR","title":"CPI","body":"
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.<\/p>
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.<\/p>","description":"The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes","index":5,"importance_first":"medium","importance_second":"medium","importance_title":"Medium","country_name":"Turkey","previous_value":"75.45%","forecast_value":"72.60%","actual_value":"71.60%","actual_color":"red","getIcsFile":"https:\/\/instaforex.org\/\/get_ics?lang=en&title=CPI×tamp=1719990000&location=Turkey&description=The+Consumer+Price+Index+%28CPI%29+measures+the+change+in+the+price+of+goods+and+services+from+the+perspective+of+the+consumer.+It+is+a+key+way+to+measure+changes","addToGoogleCalendar":"https:\/\/www.google.com\/calendar\/render?action=TEMPLATE&text=CPI&dates=20240703T070000Z\/20240703T235900Z&location=tr&details=The+Consumer+Price+Index+%28CPI%29+measures+the+change+in+the+price+of+goods+and+services+from+the+perspective+of+the+consumer.+It+is+a+key+way+to+measure+changes&sf=true&output=xml","time":"07:00","timeLeft":""},{"event_id":611,"timestamp":1719990000,"actual":"1.64%","forecast":"2.22%","previous":"3.37%","period":"Jun","importance":"medium","period_comparison":"m\/m","friendly_url":"turkish-cpi","country":"TR","title":"CPI","body":"
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time with a given starting point or base period which is usually taken as 100. the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. A higher than expected reading should be taken as positive\/bullish for the TRY , while a lower than expected reading should be taken as negative\/bearish for the TRY.<\/p>","description":"The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period","index":6,"importance_first":"medium","importance_second":"medium","importance_title":"Medium","country_name":"Turkey","previous_value":"3.37%","forecast_value":"2.22%","actual_value":"1.64%","actual_color":"red","getIcsFile":"https:\/\/instaforex.org\/\/get_ics?lang=en&title=CPI×tamp=1719990000&location=Turkey&description=The+Consumers+Price+Index+%28CPI%29+measures+the+rate+of+price+change+of+goods+and+services+purchased+by+households.+It+measures+changes+in+the+average+level+of+prices+over+a+period","addToGoogleCalendar":"https:\/\/www.google.com\/calendar\/render?action=TEMPLATE&text=CPI&dates=20240703T070000Z\/20240703T235900Z&location=tr&details=The+Consumers+Price+Index+%28CPI%29+measures+the+rate+of+price+change+of+goods+and+services+purchased+by+households.+It+measures+changes+in+the+average+level+of+prices+over+a+period&sf=true&output=xml","time":"07:00","timeLeft":""}],"year":"2024","day":"3","day_of_week":"Wednesday","day_month_year":"03 July 2024 ","today":true}]}