The IHS Markit/BME Germany Manufacturing PMI was revised higher to 45.2 in June 2020 from a preliminary estimate of 44.6, and well above May's 36.6. Output and new orders declined at a softer pace as more businesses started to ramp up operations following weeks of closure due to the coronavirus pandemic.
Manufacturing PMI in Germany averaged 51.26 points from 2008 until 2020, reaching an all time high of 63.30 points in December of 2017 and a record low of 32 points in January of 2009. This page provides the latest reported value for - Germany Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Markit Economics
Manufacturing PMI in Germany is expected to be 48.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Germany to stand at 56.00 in 12 months time. In the long-term, the Germany Manufacturing PMI is projected to trend around 52.00 points in 2021 and 54.00 points in 2022, according to our econometric models.