Germany’s Services PMI rose to 49.8 in July 2026 from 48.6 in June, revised higher from the preliminary estimate of 49.6, indicating the sector moved closer to stabilization as activity contracted at its slowest pace since the current downturn began in April. New business expanded marginally for the first time in five months, supported by higher customer numbers, although foreign demand continued to decline. Output also remained constrained by elevated prices and geopolitical uncertainty, while employment fell for a seventh consecutive month, albeit at the slowest pace of the current sequence. Backlogs of work also declined further but at the weakest rate since March. Meanwhile, both input cost and output price inflation accelerated, reflecting higher fuel costs following the expiry of the temporary fuel tax cut and persistent wage pressures. Business confidence improved further from April's recent low as firms grew more optimistic about activity over the coming year.
=. source: S&P Global
Services PMI in Germany increased to 49.80 points in July from 48.60 points in June of 2026. Services PMI in Germany averaged 52.36 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 increased to 49.80 points in July from 48.60 points in June of 2026. Services PMI in Germany is expected to be 50.20 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.