The IHS Markit/BME Germany Manufacturing PMI was revised higher to 42.1 in October 2019 from a preliminary estimate of 41.9 and compared to the previous month’s final 41.7. Still the latest reading pointed to the tenth month of contraction in the factory sector, as output dropped at a softer pace and new orders fell for the thirteenth consecutive month, albeit at a slower pace. Meanwhile, the job shedding rate accelerated to its fastest pace since January 2010, as firms reported lower staffing number mostly attributed to a reduction in temporary workers. On the price front, input costs declined at the quickest rate since March 2016, mainly due to lower prices of metal components, raw steel and plastics, and output cost fell for the fourth successive month and at the sharpest pace since November 2009. Finally, expectations towards output recovered to a four-month high, still sentiment remained negative overall. source: Markit Economics

Manufacturing PMI in Germany is expected to be 44.70 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 52.40 in 12 months time. In the long-term, the Germany Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

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Germany Manufacturing PMI
Germany Business Last Previous Highest Lowest Unit
Business Confidence 94.60 94.60 109.80 80.00 Index Points [+]
Manufacturing PMI 42.10 41.70 63.30 32.00 [+]
Services PMI 51.60 51.40 60.30 41.30 Index Points [+]
Composite Pmi 48.90 48.50 59.00 48.50 Index Points [+]
Industrial Production -4.30 -3.90 15.30 -21.80 percent [+]
Industrial Production Mom -0.60 0.40 4.00 -6.90 percent [+]
Manufacturing Production -5.00 -3.90 15.50 -24.10 percent [+]
Capacity Utilization 82.60 83.90 88.80 70.30 percent [+]
New Orders 101.70 100.40 113.00 8.80 Index Points [+]
Factory Orders 1.30 -0.40 27.10 -15.70 percent [+]
Changes in Inventories 1.80 -1.22 11.20 -8.55 EUR Billion [+]
Bankruptcies 1644.00 1384.00 3755.00 416.00 Companies [+]
Corporate Profits 182.21 183.77 187.97 92.45 EUR Billion [+]
Zew Economic Sentiment Index -2.10 -22.80 89.60 -63.90 [+]
Car Production 405400.00 415500.00 583399.00 265542.00 Units [+]
Car Registrations 284593.00 244622.00 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 -11.50 -14.80 46.60 -30.40 percent [+]
Steel Production 3351.73 3266.16 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 81.80 82.84 82.84 5.37 Points [+]
Competitiveness Rank 7.00 3.00 7.00 3.00 [+]
Corruption Index 80.00 81.00 82.70 73.00 Points [+]
Corruption Rank 11.00 12.00 20.00 10.00 [+]
Ease of Doing Business 22.00 24.00 27.00 14.00 [+]


Germany Manufacturing PMI

The Markit/BME Germany Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 500 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
42.10 41.70 63.30 32.00 2008 - 2019 Monthly
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Country Last Previous
Australia 51.60 Oct/19 54.7
Brazil 52.20 Oct/19 53.4
Canada 51.20 Oct/19 51
China 51.70 Oct/19 51.4
Euro Area 45.90 Oct/19 45.7
France 50.70 Oct/19 50.1
Germany 42.10 Oct/19 41.7
India 50.60 Oct/19 51.4
Indonesia 47.70 Oct/19 49.1
Italy 47.70 Oct/19 47.8
Japan 48.40 Oct/19 48.9
Mexico 50.40 Oct/19 49.1
Netherlands 50.30 Oct/19 51.6
Russia 47.20 Oct/19 46.3
Saudi Arabia 57.80 Oct/19 57.3
Singapore 49.60 Oct/19 49.5
South Africa 48.10 Oct/19 45.07
South Korea 48.40 Oct/19 48
Spain 46.80 Oct/19 47.7
Switzerland 49.40 Oct/19 44.6
Turkey 49.00 Oct/19 50
United Kingdom 49.60 Oct/19 48.3
United States 51.30 Oct/19 51.1


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