The IHS Markit Germany Manufacturing PMI fell to 58.2 in October of 2021 from 58.4 in September, but beating market forecasts of 56.5, preliminary estimates showed. The reading pointed to the slowest growth in factory activity since January, although it remained a strong one by historical standards. Production volumes continued to be held back by input shortages and an associated decline in demand from the automotive sector, with the Manufacturing Output Index dropping to a 16-month low of 51.1. At the same time, manufacturing new orders posted the smallest increase in the current 16-month sequence of expansion while cost burdens continued to rise faster, mainly due to metals, plastics and energy. Finally, business confidence was the lowest since July last year. source: Markit Economics

Manufacturing PMI in Germany averaged 52.09 points from 2008 until 2021, 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 October of 2021.

Manufacturing PMI in Germany is expected to be 55.00 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 54.80 points in 2022 and 54.00 points in 2023, according to our econometric models.

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Germany Manufacturing PMI


News Stream
German Factory Activity Slows Less than Expected
The IHS Markit Germany Manufacturing PMI fell to 58.2 in October of 2021 from 58.4 in September, but beating market forecasts of 56.5, preliminary estimates showed. The reading pointed to the slowest growth in factory activity since January, although it remained a strong one by historical standards. Production volumes continued to be held back by input shortages and an associated decline in demand from the automotive sector, with the Manufacturing Output Index dropping to a 16-month low of 51.1. At the same time, manufacturing new orders posted the smallest increase in the current 16-month sequence of expansion while cost burdens continued to rise faster, mainly due to metals, plastics and energy. Finally, business confidence was the lowest since July last year.
2021-10-22
Germany Manufacturing PMI Revised Slightly Lower
The IHS Markit/BME Germany Manufacturing PMI was revised slightly lower to 58.4 in September of 2021 from a preliminary of 58.5. Still, the reading continued to point to the slowest growth in factory activity in 8 months amid supply bottlenecks. Firms reported not only constrained output levels, but also a softening trend in new orders as reduced production schedules in the automotive sector and rising prices hit demand. With input shortages continuing to drive up purchasing costs, good producers registered another near-record increase in average factory gate charges. Growth expectations meanwhile continued to ebb, acting as an additional drag on the pace of factory job creation.
2021-10-01
Germany Factory Growth at 8-Month Low
The IHS Markit Germany Manufacturing PMI fell to 58.5 in September of 2021 from 62.6 in August, below forecasts of 61.5. The reading pointed to the slowest growth in factory activity since January, amid ongoing supply disruption, preliminary estimates showed. The output index slumped to a 15-month low and factory order books showed the smallest rise in the current upturn stretching back to July last year. Anecdotal evidence highlighted lower demand from the automotive sector in particular owing to semiconductor shortages. Also, backlogs of work increased and employment eased for a second month. At the same time, input inflation edged down while factory gate price inflation picked up. Finally, business confidence remained strong but eased from August.
2021-09-23

Germany Last Unit Reference Previous Highest Lowest
Services PMI 52.40 points Oct/21 56.20 61.80 16.20
Manufacturing PMI 58.20 points Oct/21 58.40 66.60 32.00
Composite PMI 52.00 points Oct/21 55.50 62.40 17.40


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.