The Index represents changes in the services sector sentiment. The index value calculation is based on the enquiry of management positions representatives. 50 points level of the indicator’s value shows that over the accounting period the services sector neither expanded nor reduced. Value above the level means the sector growth. The indicator fall below the level of 50 points means the sector deterioration.
Effect of market
The Index growth or the actual value raise exceeding the forecast is a positive sign for Euro.