Germany’s flash Services PMI fell to 51.2 in March 2026 from 53.5 in February, below market expectations of 52.5 and marking a seven-month low. New business inflows declined slightly, ending a five-month run of growth, as firms cited rising uncertainty, tighter financial conditions, and customers struggling with higher costs. Cost pressures continued to intensify, although the pace of output price inflation eased to a three-month low, remaining above the long-term average. Employment trends showed a slowdown in job shedding, offering some stability, but overall sentiment weakened, with business expectations dropping to an 11-month low while still in positive territory. source: S&P Global
Services PMI in Germany decreased to 51.20 points in March from 53.50 points in February of 2026. Services PMI in Germany averaged 52.43 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 51.20 points in March from 53.50 points in February of 2026. Services PMI in Germany is expected to be 51.20 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.