Germany’s flash composite PMI eased to 51 in August 2026 from 51.3 in July, below expectations of 51.3 and marking a two-month low. Growth was driven by a strong recovery in manufacturing, where output expanded at its fastest pace in more than four and a half years, with the index reaching 56.7. New orders and export sales also increased sharply, supported by stockbuilding, higher defence spending and data-centre investment. In contrast, the services sector remained weak, recording its fifth consecutive monthly decline, although the contraction was relatively modest. The labour market showed tentative signs of stabilisation, with employment broadly unchanged after more than two years of declines, as slower factory job losses offset a modest increase in service-sector hiring. Business confidence also strengthened, reaching its highest level since before the Middle East conflict began. Meanwhile, input-cost pressures eased slightly and selling-price inflation slowed to a five-month low. source: S&P Global
Composite PMI in Germany decreased to 51 points in August from 51.30 points in July of 2026. Composite PMI in Germany averaged 52.17 points from 2013 until 2026, reaching an all time high of 62.40 points in July of 2021 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.
Composite PMI in Germany decreased to 51 points in August from 51.30 points in July of 2026. Composite PMI in Germany is expected to be 50.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Composite PMI is projected to trend around 51.90 points in 2027 and 52.50 points in 2028, according to our econometric models.