The IHS Markit Germany Composite PMI rose to 51.3 in February 2021, up from January’s seven-month low of 50.8 and above market expectations of 50.5, a preliminary estimate showed. The manufacturing sector growth accelerated to a three-year high, while services output declined the most since May last year as COVID-19 lockdown measures continued to weigh on activity. source: Markit Economics
Composite PMI in Germany averaged 53.06 points from 2013 until 2021, reaching an all time high of 59 points in January of 2018 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 February of 2021.
Composite PMI in Germany is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Germany to stand at 53.00 in 12 months time. In the long-term, the Germany Composite PMI is projected to trend around 54.00 points in 2022, according to our econometric models.