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.

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Germany Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
45.20 36.60 63.30 32.00 2008 - 2020 points Monthly

News Stream
Germany Manufacturing PMI Revised Higher
The IHS Markit/BME Germany Manufacturing PMI was revised higher to 45.2 in June of 2020 from a preliminary of 44.6 and 36.6 in the previous month. The severe downturn caused by the coronavirus pandemic showed further signs of easing in June as more businesses started to ramp up operations and the declines in output and new orders moderated further from the historic lows in April to the softest since February. Manufacturers also showed renewed optimism towards the year-ahead outlook, although they continued to cut payroll numbers amid under-utilised capacity.
Germany Manufacturing PMI Beats Forecasts
The IHS Markit Flash Manufacturing PMI for Germany edged up to 44.6 in June of 2020 from 36.6 in May and better than market forecasts of 41.5. It is the highest reading in 3 months, due to the effects of easing coronavirus lockdown restrictions. However, the reading still pointed to a marked contraction in the manufacturing sector and the 18th straight month of falling activity. New orders, output and employment fell at a slower pace while stocks of purchases fell faster and supplier delivery times stabilised, following the recent COVID-19-related supply chain disruption. Business expectations turned positive for the first time in four months in June but remained subdued by historical standards
Germany Manufacturing PMI Revised Down in May
The IHS Markit/BME Germany Manufacturing PMI was revised lower to 36.6 in May of 2020 from an initial estimate of 36.8, showing the country’s factory sector continued to be severely impacted by the coronavirus pandemic. Output and new orders declined sharply, following April's record falls. Backlogs of work dropped at a rate that was little-changed since April. Goods producers, thereby, further reduced staffing capacity during the month, partly through the non-renewal of fixed-term contracts and redundancies. Moreover, the rate of job losses continued to accelerate, reaching the quickest since May 2009. On the price front, both input and output prices continued to decline. Though improving further from March's historic low, sentiment towards output over the next 12 months remained firmly in negative territory.
German Factory Slump Eases Slightly
The IHS Markit Germany Manufacturing PMI rose to 36.8 in May 2020 from an 11-year low of 34.5 in the previous month, but still below market expectations of 39.2, a preliminary estimate showed. Both output and new orders contracted at a softer rate following a loosening of coronavirus-related lockdown measures, while the pace of job shedding accelerated. In addition, there was a renewed fall in stocks of purchases and a less marked increase in supplier delivery times.

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.