Germany Manufacturing PMI

The IHS Markit/BME Germany Manufacturing PMI was revised slightly higher to 41.7 in September 2019 from a preliminary estimate of 41.4 and compared to the previous month's final 43.5. Still, the latest reading pointed to the steepest contraction in the sector since June 2009 as output shrank the most since July 2012 and new orders dropped to the greatest extent since April 2009, leading to a further reduction in backlogs of work. In addition, the pace of staff shedding accelerated to the quickest since January 2010. On the price front, the decline in input costs was the second-quickest seen since April 2016 while output charges dropped the most in three-and-a-half years. Lastly, latest data revealed that manufacturers remained strongly pessimistic about the outlook in September. That said, expectations were slightly higher than the seven-year low seen in August. Manufacturing PMI in Germany is reported by 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 Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	94.60	94.30	109.80	80.00	Index Points	[+]
Manufacturing PMI	41.70	43.50	63.30	32.00		[+]
Services PMI	51.40	54.80	60.30	41.30	Index Points	[+]
Composite Pmi	48.50	51.70	59.00	48.50	Index Points	[+]
Industrial Production	-4.00	-3.90	15.30	-21.80	percent	[+]
Industrial Production Mom	0.30	-0.40	4.00	-6.90	percent	[+]
Manufacturing Production	-4.00	-4.60	15.50	-24.10	percent	[+]
Capacity Utilization	83.90	85.40	88.70	70.20	percent	[+]
New Orders	100.30	100.30	113.50	8.80	Index Points	[+]
Factory Orders	-0.60	-2.10	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	-22.80	-22.50	89.60	-63.90		[+]
Car Production	415500.00	313200.00	583399.00	265542.00	Units	[+]
Car Registrations	244622.00	313748.00	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	-14.50	-19.30	46.60	-30.40	percent	[+]
Steel Production	3266.16	3360.00	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	24.00	20.00	27.00	14.00		[+]

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 October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	41.70	43.50	63.30	32.00	2008 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	54.70	Sep/19	53.1	62.5 : 29.47
Brazil	53.40	Sep/19	52.5	53.5 : 41.6
Canada	51.00	Sep/19	49.1	57.1 : 47.5
China	51.40	Sep/19	50.4	52.3 : 47.2
Euro Area	45.70	Sep/19	47	60.6 : 33.5
France	50.10	Sep/19	51.1	58.8 : 42.7
Germany	41.70	Sep/19	43.5	63.3 : 32
India	51.40	Sep/19	51.4	55 : 47.9
Indonesia	49.10	Sep/19	49	58.5 : 46.4
Italy	47.80	Sep/19	48.7	59 : 47.4
Japan	48.90	Sep/19	49.3	56.2 : 29.6
Mexico	49.10	Sep/19	49	57.1 : 49
Netherlands	51.60	Sep/19	51.6	63.4 : 48
Russia	46.30	Sep/19	49.1	54.7 : 46.3
Saudi Arabia	57.30	Sep/19	57	61.8 : 51.4
Singapore	49.50	Sep/19	49.9	53.1 : 48.3
South Africa	41.60	Sep/19	45.7	60.87 : 35.09
South Korea	48.00	Sep/19	49	52.6 : 45.7
Spain	47.70	Sep/19	48.8	56.1 : 41.1
Switzerland	44.60	Sep/19	47.2	66.9 : 32.8
Turkey	50.00	Sep/19	48	55.7 : 42.7
United Kingdom	48.30	Sep/19	47.4	61.5 : 34.4
United States	51.10	Sep/19	50.3	57.9 : 50.3