The S&P Global Germany Services PMI was revised higher to 48.1 in May 2026 from a preliminary of 47.8 and 46.9 in March but remained below the 50 threshold. New business fell for a third straight month, though the decline was only marginal and the weakest in the current sequence. However, export business recorded its sharpest drop in a year. Lower inflows of work led to another reduction in outstanding business, while firms continued to cut staff levels, extending the current run of job losses to five months, albeit at a slower pace. Input price inflation remained close to April’s three-year high amid rising energy, transport, and wage costs. Firms passed some of these increases on to customers through higher selling prices, although output price inflation eased slightly due to strong competition and resistance to price increases. Looking ahead, confidence improved to a three-month high as firms expressed hopes for a more favourable geopolitical environment. source: S&P Global
Services PMI in Germany increased to 48.10 points in May from 46.90 points in April of 2026. Services PMI in Germany averaged 52.39 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 48.10 points in May from 46.90 points in April of 2026. Services PMI in Germany is expected to be 48.50 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.