The S&P Global/BME Germany Manufacturing PMI fell to 52 in June of 2022 from 54.8 in May, pointing to the slowest growth in factory activity since July of 2020, and in line with preliminary estimates. New orders fell for a third month amid growing headwinds to demand, and output also declined amid persistent supply shortages although for others a fall in demand was the driving factor behind lower output. Meanwhile, input price inflation eased to 16-month low, a sign of the alleviation of some supply-chain pressures and factory gate charge inflation went down sharply to it slowest so far this year. At the same time, employment remained robust, reflecting long-running efforts to expand capacity. Finally, firms grew more pessimistic about the outlook, owing to concerns about a combination of high inflation, continued supply disruption and shrinking order books. source: Markit Economics

Manufacturing PMI in Germany averaged 52.29 points from 2008 until 2022, reaching an all time high of 66.60 points in March of 2021 and a record low of 32 points in January of 2009. This page provides the latest reported value for - Germany Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Manufacturing PMI in Germany is expected to be 53.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Manufacturing PMI is projected to trend around 55.10 points in 2023 and 54.30 points in 2024, according to our econometric models.

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Germany Manufacturing PMI



Related Last Previous Unit Reference
Services PMI 52.40 55.00 points Jun 2022
Manufacturing PMI 52.00 54.80 points Jun 2022
Composite PMI 51.30 53.70 points Jun 2022

Germany Manufacturing PMI
The Markit/BME Germany Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 500 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.
Actual Previous Highest Lowest Dates Unit Frequency
52.00 54.80 66.60 32.00 2008 - 2022 points Monthly
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News Stream
Germany Manufacturing PMI Confirmed at 1-1/2-Year Low
The S&P Global/BME Germany Manufacturing PMI fell to 52 in June of 2022 from 54.8 in May, pointing to the slowest growth in factory activity since July of 2020, and in line with preliminary estimates. New orders fell for a third month amid growing headwinds to demand, and output also declined amid persistent supply shortages although for others a fall in demand was the driving factor behind lower output. Meanwhile, input price inflation eased to 16-month low, a sign of the alleviation of some supply-chain pressures and factory gate charge inflation went down sharply to it slowest so far this year. At the same time, employment remained robust, reflecting long-running efforts to expand capacity. Finally, firms grew more pessimistic about the outlook, owing to concerns about a combination of high inflation, continued supply disruption and shrinking order books.
2022-07-01
Germany Manufacturing PMI at 23-Month Low
The S&P Global Flash Germany Manufacturing PMI fell to a 23-month low of 52 in June of 2022 from 54.8 in the prior month, missing market forecasts of 54, according to a preliminary estimate. Manufacturing output contracted for the second time in the past three months, as higher backlog work failed to offset the sharpest decline in new orders in two years. June data pointed to high levels of pre and post-production inventories held by manufacturers, as supply bottlenecks continued to bring higher stocks of material and components. In the meantime, costs inflation slightly eased compared to the previous month, although remaining at record-high levels. Business expectations were increasingly pessimistic in June due to concerns over rising prices, supply bottlenecks and heightened uncertainty.
2022-06-23
Germany Manufacturing PMI Revised Slightly Higher
The S&P Global/BME Germany Manufacturing PMI was revised slightly higher to 54.8 in May of 2022 from a preliminary of 54.7 and above 54.6 in April. Still, the index remains below previous year's levels amid a sustained softening of demand for German manufactured goods, with a combination of heightened economic uncertainty, sharply rising prices and COVID-related lockdowns in China leading to a further decline in new orders. Output levels nevertheless picked up slightly during the month, buoyed by work on order backlogs, growing employment levels and some instances of improved material availability. On the price front, input cost inflation eased to a three-month low while output prices rose at a rate close to April's record. Meanwhile, firms' expectations for future activity remained pessimistic.
2022-06-01