Germany’s S&P Global Services PMI was revised higher to 52.5 in October 2026 from a preliminary estimate of 51.7, but eased from 52.9 in September. This indicated continued expansion for a second consecutive month, albeit at a slightly slower pace, as new business inflows declined again, partly due to weaker domestic and foreign demand. Meanwhile, activity was supported by work on outstanding orders. Employment also fell for the first time since July, marking the sharpest decline in six months. On the price front, input cost inflation eased for the first time in four months, partly reflecting the reinstatement of fuel discounts, although price pressures remained elevated by historical standards. Output price inflation also moderated. Despite softer demand and declining employment, business confidence improved to its highest level since February, supported by hopes of a recovery in economic conditions. source: S&P Global
Services PMI in Germany decreased to 52.50 points in October from 52.90 points in September of 2026. Services PMI in Germany averaged 52.35 points from 2007 until 2026, reaching an all time high of 61.80 points in July of 2021 and a record low of 16.20 points in April of 2020. 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.
Services PMI in Germany decreased to 52.50 points in October from 52.90 points in September of 2026. Services PMI in Germany is expected to be 51.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Services PMI is projected to trend around 52.00 points in 2027 and 52.50 points in 2028, according to our econometric models.