The IHS Markit Germany Manufacturing PMI rose to 44.5 in April 2019 from the previous month's near seven-year low of 44.1, but below market expectations of 45, a preliminary estimate showed. Still, the latest reading pointed to a sharp contraction in the manufacturing sector, as inflows of new business fell for a fourth straight month led by a further steep decline in new export orders, which dropped at the second-fastest rate in the past ten years. Firms highlighted weak demand across the automotive sector in particular, whilst also suggesting some hesitancy among UK based clients. In addition, work-in-hand at manufacturers declined the most for almost a decade while employment levels were unchanged. Looking ahead, business confidence towards the year-ahead outlook was the weakest since November 2012. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 50.50 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 52.00 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 99.60 98.70 109.80 79.70 Index Points [+]
Services PMI 55.60 55.40 60.30 41.30 Index Points [+]
Manufacturing PMI 44.50 44.10 63.30 32.00 [+]
Composite Pmi 52.10 51.40 59.00 50.20 Index Points [+]
Industrial Production -0.40 -2.70 15.30 -21.80 percent [+]
Industrial Production Mom 0.70 0.00 4.00 -6.90 percent [+]
Manufacturing Production -1.70 -3.10 15.50 -24.10 percent [+]
Capacity Utilization 86.30 87.10 88.70 70.20 percent [+]
New Orders 101.20 105.50 113.50 8.80 Index Points [+]
Factory Orders -4.20 -2.10 27.10 -15.70 percent [+]
Changes in Inventories 2.94 11.05 11.05 -11.34 EUR Billion [+]
Bankruptcies 1700.00 1366.00 3755.00 416.00 Companies [+]
Corporate Profits 193.03 192.30 201.89 91.05 EUR Billion [+]
Zew Economic Sentiment Index 3.10 -3.60 89.60 -63.90 [+]
Car Production 451400.00 440900.00 583399.00 265542.00 Units [+]
Car Registrations 345523.00 268867.00 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 -14.40 -16.70 46.60 -30.40 percent [+]
Steel Production 3120.00 3410.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
44.50 44.10 63.30 32.00 2008 - 2019 Monthly
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Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


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