Germany Services PMI  2007-2017 | Data | Chart | Calendar | Forecast

The IHS Markit Services PMI for Germany increased to 53.5 in August of 2017 from 53.4 in the preliminary estimate and 53.1 in July. Total business and new orders picked up from ten-month lows in July. In contrast, job creation was the weakest in 16 months and price pressures strengthened to a five-month high. Expectations remained strongly positive despite falling to the lowest in eight months. Firms linked positive sentiment to new services, new customers and improving consumer confidence. 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 115.90 116.00 116.00 83.60 [+]
Services PMI 53.50 53.10 60.30 41.30 Index Points [+]
Manufacturing PMI 59.30 58.10 62.70 32.00 [+]
Composite Pmi 55.80 54.70 57.40 50.20 Index Points [+]
Industrial Production 4.00 2.70 15.30 -22.00 percent [+]
Industrial Production Mom 0.00 -1.10 4.00 -6.90 percent [+]
Manufacturing Production 4.50 2.20 15.50 -24.00 percent [+]
Capacity Utilization 86.70 86.00 88.70 70.20 percent [+]
New Orders 115.00 115.90 119.00 9.70 Index Points [+]
Factory Orders -0.70 0.90 27.10 -15.70 percent [+]
Changes in Inventories -5.48 -7.97 9.57 -11.49 EUR Billion [+]
Bankruptcies 1732.00 1736.00 3755.00 416.00 Companies [+]
Corporate Profits 189.11 187.97 192.34 90.99 EUR Billion [+]
Zew Economic Sentiment Index 17.00 10.00 89.60 -63.90 [+]
Car Production 459900.00 371700.00 583399.00 265542.00 Units [+]
Car Registrations 253679.00 283080.00 552865.00 43460.00 Cars [+]
Competitiveness Index 5.57 5.53 5.57 5.37 Points [+]
Competitiveness Rank 5.00 4.00 7.00 4.00 [+]
Corruption Index 81.00 81.00 82.70 73.00 Points [+]
Corruption Rank 10.00 10.00 20.00 10.00 [+]
Ease of Doing Business 17.00 14.00 27.00 14.00 [+]
Steel Production 3513.98 3605.14 4744.00 907.00 Thousand Tonnes [+]
Mining Production 0.00 -4.30 46.60 -30.40 percent [+]


Germany Services PMI Notes

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
53.50 53.10 60.30 41.30 2007 - 2017 Index Points Monthly



services pmi by Country

Last
Australia 53.00 Aug/17
Brazil 49.00 Aug/17
China 52.70 Aug/17
Euro Area 54.70 Aug/17
France 54.90 Aug/17
Germany 53.50 Aug/17
India 47.50 Aug/17
Italy 55.10 Aug/17
Japan 51.60 Aug/17
Russia 54.20 Aug/17
Spain 56.00 Aug/17
United Kingdom 53.20 Aug/17
United States 56.00 Aug/17