The IHS Markit Germany Composite PMI came at 52.6 in June 2019, unchanged from the previous month and slightly above market expectations of 52.5, a flash estimate showed. The reading signalled the strongest expansion in private sector activity since February, as continued growth in services (55.6 from 55.4 in May) offset another contraction in manufacturing (45.4 from 44.3). New business rebounded slightly in June and employment rose for a record sixty-eighth consecutive month, though unchanged from May’s three-year low. In terms of prices, input inflation eased to 34-month low, as prices at manufacturers fell at the fastest rate since April 2016, while charge inflation was unchanged from May's 22-month low. Looking ahead, business confidence was the weakest since October 2014, mainly due to services. Composite Pmi in Germany is reported by Markit Economics.

Composite Pmi in Germany is expected to be 52.90 Index 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 51.90 in 12 months time. In the long-term, the Germany Composite PMI is projected to trend around 54.50 Index Points in 2020, according to our econometric models.

Germany Composite PMI
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Germany Business Last Previous Highest Lowest Unit
Business Confidence 97.40 97.90 109.80 79.90 Index Points [+]
Services PMI 55.60 55.40 60.30 41.30 Index Points [+]
Manufacturing PMI 45.40 44.30 63.30 32.00 [+]
Composite Pmi 52.60 52.60 59.00 50.20 Index Points [+]
Industrial Production -1.80 -0.90 15.30 -21.80 percent [+]
Industrial Production Mom -1.90 0.50 4.00 -6.90 percent [+]
Manufacturing Production -3.40 -2.10 15.50 -24.10 percent [+]
Capacity Utilization 85.40 86.30 88.70 70.20 percent [+]
New Orders 102.50 102.00 113.50 8.80 Index Points [+]
Factory Orders 0.30 0.80 27.10 -15.70 percent [+]
Changes in Inventories -3.37 3.08 10.85 -11.30 EUR Billion [+]
Bankruptcies 1582.00 1579.00 3755.00 416.00 Companies [+]
Corporate Profits 192.10 193.12 202.12 91.05 EUR Billion [+]
Zew Economic Sentiment Index -21.10 -2.10 89.60 -63.90 [+]
Car Production 445700.00 414300.00 583399.00 265542.00 Units [+]
Car Registrations 332962.00 310715.00 552865.00 43460.00 [+]
Internet Speed 15298.72 14588.37 15298.72 3207.62 KBps [+]
IP Addresses 38794861.00 38344874.00 38794861.00 18134106.00 IP [+]
Mining Production -15.90 -13.60 46.60 -30.40 percent [+]
Steel Production 3358.31 3675.00 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 82.84 82.64 82.84 5.37 Points [+]
Competitiveness Rank 3.00 3.00 7.00 3.00 [+]
Corruption Index 80.00 81.00 82.70 73.00 Points [+]
Corruption Rank 11.00 12.00 20.00 10.00 [+]
Ease of Doing Business 24.00 20.00 27.00 14.00 [+]


Germany Composite PMI

In Germany, the Germany Composite Output Index tracks business trends across both the manufacturing and service sectors, based on data collected from a representative panel of over 1,000 companies (50 percent from the manufacturing sector and 50 percent from the services sector). The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.60 52.60 59.00 50.20 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 53.10 Jun/19
Brazil 48.40 May/19
China 51.50 May/19
Euro Area 52.10 Jun/19
France 52.90 Jun/19
Germany 52.60 Jun/19
India 51.70 May/19
Italy 49.90 May/19
Japan 50.70 May/19
Russia 51.50 May/19
Singapore 52.10 May/19
South Africa 49.30 May/19
United Kingdom 50.90 May/19
United States 50.60 Jun/19


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