ISM Non-Manufacturing Prices Paid preview: Consensus points to easing price growth
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The ISM Non-Manufacturing Prices Paid report is scheduled for release on August 5, 2026, at 14:00 UTC. Market consensus anticipates a reading of 62, a notable decrease from the previous month’s 67.7. This indicator provides insight into inflationary pressures within the crucial US services sector, reflecting what businesses are paying for goods and services. A lower reading would suggest easing price growth, which is a key focus for monetary policy. This release carries a High impact rating.
Historically, this release has been associated with considerable market movements. For EURUSD, the median 1-hour move after past releases has been 14 pips, with top-quarter releases seeing moves of 21+ pips. GBPUSD has shown a median 1-hour move of 18 pips, with top-quarter moves exceeding 29+ pips. USDJPY has experienced a median 1-hour move of 14 pips, and top-quarter releases have moved 32+ pips. Gold, XAUUSD, has seen a median 1-hour move of 33 pips, with top-quarter releases moving 61+ pips. Other pairs like AUDUSD and NZDUSD have median 1-hour moves of 11 pips, while USDCAD has a median move of 13 pips and USDCHF 11 pips.
Recent prints for ISM Non-Manufacturing Prices Paid have shown elevated levels. The most recent actual reading was 67.7. Prior to that, actuals included 71.3 in June, 70.7 in May, and 70.7 in April. Associated EURUSD 1-hour moves after these releases included +3.9 pips, +9.0 pips, +8.3 pips, and –14 pips respectively.