The IHS Markit Germany Composite PMI declined to 52.2 in December 2018 from 52.3 in the previous month and below market forecasts of 52.5. The latest reading pointed to the weakest pace of expansion in the private sector since December 2014 as service sector expansion was the second-weakest seen in over two years (PMI at 52.5 vs 53.3 in November) and manufacturing growth slowed to a near three-year low (PMI at 51.5 vs 51.8 in November). Inflows of new orders edged closer to stagnation as new export business fell for the fourth month running, with a number of manufacturers highlighting a drop in sales to China. Meanwhile, employment growth picked up from November's six-month low and remained solid overall while backlogs of work decreased for a second straight month. On the price front, input price inflation was the lowest since September 2017. Looking ahead, business confidence regarding the year-ahead outlook for activity dropped to a four-year low. Composite Pmi in Germany is reported by Markit Economics.

Composite Pmi in Germany is expected to be 52.90 Index 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 55.20 in 12 months time. In the long-term, the Germany Composite PMI is projected to trend around 53.10 Index Points in 2020, according to our econometric models.

Germany Composite PMI
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Germany Business Last Previous Highest Lowest Unit
Business Confidence 102.00 102.90 109.80 80.20 Index Points [+]
Services PMI 52.50 53.30 60.30 41.30 Index Points [+]
Manufacturing PMI 51.50 51.80 63.30 32.00 [+]
Composite Pmi 52.20 52.30 59.00 50.20 Index Points [+]
Industrial Production 1.60 0.70 15.30 -21.80 percent [+]
Industrial Production Mom -0.50 0.10 4.00 -6.90 percent [+]
Manufacturing Production 1.50 0.00 15.50 -24.10 percent [+]
Capacity Utilization 87.10 87.70 88.70 70.20 percent [+]
New Orders 107.60 107.50 113.80 8.80 Index Points [+]
Factory Orders 0.30 0.10 27.10 -15.70 percent [+]
Changes in Inventories 8.73 1.42 9.69 -11.37 EUR Billion [+]
Bankruptcies 1616.00 1641.00 3755.00 416.00 Companies [+]
Corporate Profits 192.30 201.20 201.20 91.05 EUR Billion [+]
Zew Economic Sentiment Index -17.50 -24.10 89.60 -63.90 [+]
Car Production 450500.00 442500.00 583399.00 265542.00 Units [+]
Car Registrations 272674.00 252628.00 552865.00 43460.00 [+]
Internet Speed 15298.72 14588.37 15298.72 3207.62 KBps [+]
IP Addresses 38794861.00 38344874.00 38794861.00 18134106.00 IP [+]
Mining Production -5.70 -11.20 46.60 -30.40 percent [+]
Steel Production 3600.00 3775.00 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 82.84 82.64 82.84 5.37 Points [+]
Competitiveness Rank 3.00 3.00 7.00 3.00 [+]
Corruption Index 81.00 81.00 82.70 73.00 Points [+]
Corruption Rank 12.00 10.00 20.00 10.00 [+]
Ease of Doing Business 24.00 20.00 27.00 14.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 52.30 59.00 50.20 2013 - 2018 Index Points Monthly




Country Last Previous
Australia 52.90 Nov/18
Brazil 51.60 Nov/18
China 51.90 Nov/18
Euro Area 51.30 Dec/18
France 49.30 Dec/18
Germany 52.20 Dec/18
India 54.50 Nov/18
Italy 49.30 Nov/18
Japan 52.40 Nov/18
Russia 55.00 Nov/18
Singapore 53.80 Nov/18
South Africa 48.20 Nov/18
United Kingdom 50.70 Nov/18
United States 53.60 Dec/18


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