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Services PMI (NMI) by Country
Latest released Services PMI (NMI) value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/nmi. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
United States
USD · US Dollar
|
102.496
|
101.806
|
▲ +0.69 | Monthly | Index | ISM |
What is Services PMI (NMI)?
The Services / Non-Manufacturing PMI surveys purchasing managers in the services sector — banks, retailers, transport, hospitality — on the same diffusion-index basis as the manufacturing PMI. Above 50 indicates expansion; below 50 contraction.
Why it matters for FX
Services dominate GDP and employment in most advanced economies, so the services PMI is often a more economically meaningful read than its more famous manufacturing sibling. It also captures wage-sensitive activity, making it a useful leading indicator for services inflation and therefore for the central bank's rate path.
How to read this page
Track the services PMI against manufacturing PMI to spot divergences — a strong services / weak manufacturing combination has been the dominant pattern across developed markets in recent years. Prices and employment sub-indices are the key feed-throughs to CPI and the labour market.
What to watch for
- Services-manufacturing divergence
- Services prices sub-index for wage / inflation pressure
- Employment sub-index as an early labour-market read
- Composite PMI (manufacturing + services blended)
- Backlog of work for capacity-constraint signals
AI Answer-Ready
Key Facts
- Page
- Nmi
- Section
- Indicators
- Canonical URL
- https://fxmacrodata.com/indicators/nmi
- Source
- FXMacroData editorial and official publisher references
- Last Updated
- See page metadata
Provenance And Trust
Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.
Quick Q&A
What is this page about? This page explains Nmi with directly usable context for trading, research, and API workflows.
What source should be cited? Use the canonical URL and the listed source field; cite official publisher references when available.
How fresh is this content? The last updated value above reflects the page metadata or latest available data timestamp.
Can this be used in AI assistants? Yes. This section is intentionally structured for retrieval and citation in chat assistants.
Prompt Packs
Use these in ChatGPT, Claude, Gemini, Mistral, Perplexity, or Grok for consistent source-aware outputs.