The IHS Markit Germany Services PMI was revised higher to 54.7 in October of 2018 from a preliminary of 53.6 but remained below 55.9 in September. The reading pointed to the slowest growth in the services sector in three months although it remained above its long-run average. Financial intermediation and renting and business activities recorded the strongest growth rates. New orders rose the least in five months; backlogs of orders increased the most since April; and job creation slowed only slightly from the previous month, remaining one of the highest in the past 11 years. Also, output price inflation was the second strongest on record and input costs remained elevated, mainly due to wages and fuel. Finally, business confidence fell to the lowest level in nearly two years. Services PMI in Germany is reported by Markit Economics.

Germany Services PMI
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Germany Business Last Previous Highest Lowest Unit
Business Confidence 102.80 103.70 109.80 80.10 Index Points [+]
Services PMI 54.70 55.90 60.30 41.30 Index Points [+]
Manufacturing PMI 52.20 53.70 63.30 32.00 [+]
Composite Pmi 53.40 55.00 59.00 50.20 Index Points [+]
Industrial Production 0.80 0.20 15.30 -21.80 percent [+]
Industrial Production Mom 0.20 0.10 4.00 -6.90 percent [+]
Manufacturing Production 0.20 -0.50 15.50 -24.10 percent [+]
Capacity Utilization 87.10 87.70 88.70 70.20 percent [+]
New Orders 107.50 106.70 113.80 8.80 Index Points [+]
Factory Orders 0.30 2.50 27.10 -15.70 percent [+]
Changes in Inventories 3.19 -2.92 9.68 -11.34 EUR Billion [+]
Bankruptcies 1616.00 1641.00 3755.00 416.00 Companies [+]
Corporate Profits 201.20 198.20 201.20 91.05 EUR Billion [+]
Zew Economic Sentiment Index -24.10 -24.70 89.60 -63.90 [+]
Car Production 442500.00 401800.00 583399.00 265542.00 Units [+]
Car Registrations 252628.00 200134.00 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 -12.70 -10.30 46.60 -30.40 percent [+]
Steel Production 3775.00 3900.00 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 81.00 81.00 82.70 73.00 Points [+]
Corruption Rank 12.00 10.00 20.00 10.00 [+]
Ease of Doing Business 24.00 20.00 27.00 14.00 [+]


Germany Services PMI

The Germany Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of over 500 companies based in the German service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - Germany Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Services PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
54.70 55.90 60.30 41.30 2007 - 2018 Index Points Monthly




Country Last
Australia 51.10 Oct/18
Brazil 50.50 Oct/18
China 50.80 Oct/18
Euro Area 53.70 Oct/18
France 55.30 Oct/18
Germany 54.70 Oct/18
India 52.20 Oct/18
Italy 49.20 Oct/18
Japan 52.40 Oct/18
Russia 56.90 Oct/18
Spain 54.00 Oct/18
United Kingdom 52.20 Oct/18
United States 54.80 Oct/18


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