The IHS Markit Germany Composite PMI was revised lower to 55.8 in April 2021 from a preliminary of 56 and March's 37-month high of 57.3, owing to the combination of a broad stagnation in services activity and a slower expansion in goods production. New business softened while the overall rate of job creation accelerated to a two-and-a-half year high. On the price front, input price inflation was at a near-record high in April, while average prices charged for goods and services showed the steepest increase since January 2019. Looking ahead, expectations eased slightly from March's series-record high (since July 2012). source: Markit Economics

Composite PMI in Germany averaged 53.13 points from 2013 until 2021, reaching an all time high of 59 points in January of 2018 and a record low of 17.40 points in April of 2020. This page provides the latest reported value for - Germany Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Composite PMI in Germany is expected to be 54.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Germany to stand at 53.70 in 12 months time. In the long-term, the Germany Composite PMI is projected to trend around 54.80 points in 2022 and 54.00 points in 2023, according to our econometric models.

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Germany Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
55.80 57.30 59.00 17.40 2013 - 2021 points Monthly


News Stream
German Private Sector Activity Loses Momentum in April
The IHS Markit Germany Composite PMI was revised lower to 55.8 in April 2021 from a preliminary of 56 and March's 37-month high of 57.3, owing to the combination of a broad stagnation in services activity and a slower expansion in goods production. New business softened while the overall rate of job creation accelerated to a two-and-a-half year high. On the price front, input price inflation was at a near-record high in April, while average prices charged for goods and services showed the steepest increase since January 2019. Looking ahead, expectations eased slightly from March's series-record high (since July 2012).
2021-05-05
German Private Sector Recovery Loses Momentum in April
The IHS Markit Germany Composite PMI fell to 56.0 in April 2021, from a 37-month high of 57.3 in the previous month and below market consensus of 56.8, a preliminary estimate showed. The latest reading pointed to a slowdown in private sector activity growth, with services activity stalling and manufacturing production expanding at a softer pace.
2021-04-23
Germany Composite PMI at 3-Year High
The IHS Markit Germany Composite PMI was revised higher to 57.3 in March of 2021 from a preliminary of 56.8, pointing to the strongest increase in private sector activity in more than 3 years, amid a renewed upturn in services activity (PMI at 51.5 vs 45.7 in February) and a survey-record growth in manufacturing production (PMI at 66.6 vs 60.7) after the easing of some lockdown restrictions. There was a similarly strong upturn in overall inflows of new business, driven largely by a surge in manufacturing export orders. Employment trends likewise improved, reflecting increased pressure on firms' operating capacity and growing confidence about the outlook. Staffing levels rose to the greatest extent since June 2019. Businesses' expectations about future activity improved to a series-record high. Turning to prices, average charges for goods and services rose the most in two years.
2021-04-07
Germany Private Sector Activity Growth Highest in 3 Years
The IHS Markit Flash Germany Composite PMI increased to 56.8 in March of 2021 from 51.1 in February and beating market forecasts of 51.6, flash estimates showed. The reading pointed to the strongest growth in private sector activity in nearly 3 years, amid a record growth in manufacturing (66.6 vs 60.7) and a rebound in services activity (50.8 vs 45.7) as coronavirus lockdown measures were partially eased. “Businesses remain highly optimistic about the outlook over the coming year, with many pinning their hopes on progress in the vaccine rollout. However, with the “emergency brake” restrictions coming into effect in April to stem a third wave of infections, the immediate outlook looks less promising", Phil Smith, Associate Director at IHS Markit said.
2021-03-24

Germany Composite PMI
In Germany, the Germany Composite Output Index tracks business trends across both the manufacturing and service sectors, based on data collected from a representative panel of over 1,000 companies (50 percent from the manufacturing sector and 50 percent from the services sector). The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.