The IHS Markit Germany Manufacturing PMI came in at 43.5 in August 2019, little-changed from a preliminary estimate of 43.6 and compared to a seven-year low of 43.2 in the previous month. The latest reading pointed to the eight month of contraction in the manufacturing sector, as new orders fell the most since April on the back of a further steep decline in new export orders. In addition, output fell for the seventh month in a row and employment contracted the most since July 2012. On the price front, the rate of decline in input prices was the quickest since March 2016, while factory gate prices dropped the most since April 2016. Looking ahead, business confidence slumped to the lowest seen since data on companies' expectations were first collected in mid-2012. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 45.90 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 51.90 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.

Germany Manufacturing PMI
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Germany Business Last Previous Highest Lowest Unit
Business Confidence 94.30 95.80 109.80 80.00 Index Points [+]
Services PMI 54.80 54.50 60.30 41.30 Index Points [+]
Manufacturing PMI 43.50 43.20 63.30 32.00 [+]
Composite Pmi 51.70 50.90 59.00 50.20 Index Points [+]
Industrial Production -4.20 -4.70 15.30 -21.80 percent [+]
Industrial Production Mom -0.60 -1.10 4.00 -6.90 percent [+]
Manufacturing Production -4.80 -5.60 15.50 -24.10 percent [+]
Capacity Utilization 83.90 85.40 88.70 70.20 percent [+]
New Orders 100.30 102.90 113.50 8.80 Index Points [+]
Factory Orders -2.70 2.70 27.10 -15.70 percent [+]
Changes in Inventories 1.80 -1.22 11.20 -8.55 EUR Billion [+]
Bankruptcies 1384.00 1670.00 3755.00 416.00 Companies [+]
Corporate Profits 182.21 183.77 187.97 92.45 EUR Billion [+]
Zew Economic Sentiment Index -22.50 -44.10 89.60 -63.90 [+]
Car Production 313200.00 359400.00 583399.00 265542.00 Units [+]
Car Registrations 313748.00 332788.00 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 -19.50 -20.50 46.60 -30.40 percent [+]
Steel Production 3360.00 3405.48 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 80.00 81.00 82.70 73.00 Points [+]
Corruption Rank 11.00 12.00 20.00 10.00 [+]
Ease of Doing Business 24.00 20.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
43.50 43.20 63.30 32.00 2008 - 2019 Monthly
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Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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