The S&P Global Germany Manufacturing PMI was revised slightly higher to 51.4 in April 2026 from a preliminary of 51.2, compared to a 46-month high of 52.2 in March. Germany's manufacturing sector saw further growth in both output and new orders, as well as longer supplier delivery times. However, goods producers expected the fallout from the war in the Middle East to eventually lead to lower production in the coming months. The darkening business outlook reflected concerns about the impact of rising inflation, supply chain disruption and elevated uncertainty. April saw manufacturing input costs increase at the fastest rate in over three-and-a-half years, while reports of supply delays reached a level not seen since mid-2022. source: S&P Global

Manufacturing PMI in Germany decreased to 51.40 points in April from 52.20 points in March of 2026. Manufacturing PMI in Germany averaged 50.87 points from 2008 until 2026, reaching an all time high of 66.60 points in March of 2021 and a record low of 32.00 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.

Manufacturing PMI in Germany decreased to 51.40 points in April from 52.20 points in March of 2026. Manufacturing PMI in Germany is expected to be 52.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Manufacturing PMI is projected to trend around 51.50 points in 2027 and 52.30 points in 2028, according to our econometric models.



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Germany Manufacturing PMI
The S&P Global Germany Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 420 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Germany Factory Growth Revised Slightly Higher
The S&P Global Germany Manufacturing PMI was revised slightly higher to 51.4 in April 2026 from a preliminary of 51.2, compared to a 46-month high of 52.2 in March. Germany's manufacturing sector saw further growth in both output and new orders, as well as longer supplier delivery times. However, goods producers expected the fallout from the war in the Middle East to eventually lead to lower production in the coming months. The darkening business outlook reflected concerns about the impact of rising inflation, supply chain disruption and elevated uncertainty. April saw manufacturing input costs increase at the fastest rate in over three-and-a-half years, while reports of supply delays reached a level not seen since mid-2022.
2026-05-04
Germany Factory Growth Slows in April
The S&P Global Germany Manufacturing PMI fell to 51.2 in April 2026 from 52.2 in the prior month, broadly in line with forecasts of 51.3, according to flash estimates. The data pointed to a slowdown in manufacturing activity following a solid expansion in March, which was strongest pace since May 2022. Both output and new orders decelerated sharply as geopolitical uncertainty dampened demand and led to greater customer reluctance. Employment fell once again, coinciding with a reduction in backlogs of work. Meanwhile, supplier performance deteriorated at its fastest pace since mid-2022. On the price front, higher prices for materials such as metals and plastics resulted in very strong cost pressures, the highest in the sector for over three-and-a-half years. Output charge inflation hit a 39-month high, as businesses tried to pass some of the higher costs on to clients. The outlook for the year ahead turned pessimistic amid heightened uncertainty, rising prices, and supply issues.
2026-04-23
Germany Manufacturing PMI Revised Higher
The S&P Global Germany Manufacturing PMI was revised sharply higher to 52.2 in March 2026 from a preliminary of 51.7 and compared to 50.9 in February. The reading pointed to the strongest growth in the manufacturing sector since May 2022, with output and new orders both seeing stronger rates of growth, amid a boost to demand from customers looking to mitigate disruption from the conflict in the Middle East. also, there was a marked deterioration in supplier performance largely reflecting supply disruption stemming from war, which notably included delays to freight from Asia. The extent to which lead times lengthened was the greatest seen since July 2022. Meanwhile, German manufacturers also faced a surge in cost pressures with input price inflation jumping to its highest since October 2022 due to energy and factory gate prices also accelerated. In addition, there were supply chain delays and business expectations retreated sharply to four-month lows.
2026-04-01