The IHS Markit Germany Composite PMI was revised lower to 50.9 in July 2019 from a preliminary estimate of 51.4 and below June's 52.6. The latest reading pointed to the weakest pace of expansion in the private sector since June 2013, as manufacturing posted the sharpest contraction since mid-2012 (PMI at 43.2 from 45 in June) and service sector business activity growth was the weakest for six months (PMI at 54.5 from 55.8). Total new business continued to fall and the pace of job creation was the lowest since April 2015, while the current downturn in backlogs of work extended to a ninth straight month, with the rate of decline gathering pace to the quickest since June 2013. On the price front, input costs rose at the slowest rate for almost three years and the rate of increase in charges levied by firms hit a 32-month low. Looking ahead, business confidence slid to the weakest since late-2014. Composite Pmi in Germany is reported by Markit Economics.

Composite Pmi in Germany is expected to be 51.00 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 52.30 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 95.70 97.50 109.80 79.90 Index Points [+]
Services PMI 54.50 55.80 60.30 41.30 Index Points [+]
Manufacturing PMI 43.20 45.00 63.30 32.00 [+]
Composite Pmi 50.90 52.60 59.00 50.20 Index Points [+]
Industrial Production -5.20 -4.40 15.30 -21.80 percent [+]
Industrial Production Mom -1.50 0.10 4.00 -6.90 percent [+]
Manufacturing Production -6.10 -4.90 15.50 -24.10 percent [+]
Capacity Utilization 83.90 85.40 88.70 70.20 percent [+]
New Orders 102.90 100.20 113.50 8.80 Index Points [+]
Factory Orders 2.50 -2.00 27.10 -15.70 percent [+]
Changes in Inventories -3.37 3.08 10.85 -11.30 EUR Billion [+]
Bankruptcies 1670.00 1689.00 3755.00 416.00 Companies [+]
Corporate Profits 192.10 193.12 202.12 91.05 EUR Billion [+]
Zew Economic Sentiment Index -44.10 -24.50 89.60 -63.90 [+]
Car Production 359400.00 374700.00 583399.00 265542.00 Units [+]
Car Registrations 332788.00 325231.00 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 -19.30 -15.90 46.60 -30.40 percent [+]
Steel Production 3405.48 3470.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.90 52.60 59.00 50.20 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 52.10 Jul/19
Brazil 51.60 Jul/19
China 50.90 Jul/19
Euro Area 51.50 Jul/19
France 51.90 Jul/19
Germany 50.90 Jul/19
India 53.90 Jul/19
Italy 51.00 Jul/19
Japan 50.60 Jul/19
Russia 50.20 Jul/19
Singapore 51.00 Jul/19
South Africa 48.40 Jul/19
United Kingdom 50.70 Jul/19
United States 52.60 Jul/19


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