The S&P Global Germany Composite PMI was revised slightly lower to 54.3 in April of 2022 from a preliminary of 54.5 and below 55.1 in March, but still pointed to a strong growth in private sector activity. Manufacturing slowed to the lowest since August of 2020 (54.6 vs 56.9) with the war in Ukraine and COVID-19 lockdowns in China taking a toll on both demand and supply chains. In contrast, the services sector increased at the fastest pace in eight months (57.6 vs 56.1) due to a sustained upturn in demand brought about by the easing of the country's COVID restrictions. source: Markit Economics
Composite PMI in Germany averaged 53.40 points from 2013 until 2022, reaching an all time high of 62.40 points in July of 2021 and a record low of 17.40 points in April of 2020. This page provides the latest reported value for - Germany Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Composite PMI in Germany is expected to be 54.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Composite PMI is projected to trend around 54.60 points in 2023 and 54.20 points in 2024, according to our econometric models.