The S&P Global Germany Services PMI rose to 47.8 in May 2026 from 46.9 in April, above market expectations of 47.0, according to flash estimates. Still, this marked the second consecutive month of contraction in the services sector. New orders declined for a third straight month, with firms citing customer hesitancy amid elevated economic and geopolitical uncertainty, as well as pressure on spending power from rising prices. Export orders also dropped. Input prices rose sharply, while the slower increase in output prices suggested that firms were absorbing a greater share of rising costs. Employment in the sector also declined at a faster pace. Lastly, business sentiment improved but stayed subdued. source: S&P Global
Services PMI in Germany increased to 47.80 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 47.80 points in May from 46.90 points in April of 2026. Services PMI in Germany is expected to be 46.00 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.