The IHS Markit Germany Composite PMI was revised lower to 48.5 in September 2019 from a preliminary estimate of 49.1, compared to the previous month's 51.7. The latest reading was below the 50.0 'no-change' threshold for the first time since April 2013 and pointed to the steepest contraction in the private sector for almost seven years, as the downturn in manufacturing deepened (PMI at 41.7 vs 43.5 in August) and service activity growth slowed to the weakest in three years (PMI at 51.4 vs 54.8). Total new business fell the most since September 2012 and the pace of job creation was the slowest for almost six years. On the price front, average charges inflation was the weakest for just over three years. Expectations about future output edged slightly higher in September from a near seven-year low in August. Composite Pmi in Germany is reported by Markit Economics.

Composite Pmi in Germany is expected to be 51.50 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 52.00 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 94.60 94.30 109.80 80.00 Index Points [+]
Manufacturing PMI 41.70 43.50 63.30 32.00 [+]
Services PMI 51.40 54.80 60.30 41.30 Index Points [+]
Composite Pmi 48.50 51.70 59.00 48.50 Index Points [+]
Industrial Production -4.00 -3.90 15.30 -21.80 percent [+]
Industrial Production Mom 0.30 -0.40 4.00 -6.90 percent [+]
Manufacturing Production -4.00 -4.60 15.50 -24.10 percent [+]
Capacity Utilization 83.90 85.40 88.70 70.20 percent [+]
New Orders 100.30 100.30 113.50 8.80 Index Points [+]
Factory Orders -0.60 -2.10 27.10 -15.70 percent [+]
Changes in Inventories 1.80 -1.22 11.20 -8.55 EUR Billion [+]
Bankruptcies 1644.00 1384.00 3755.00 416.00 Companies [+]
Corporate Profits 182.21 183.77 187.97 92.45 EUR Billion [+]
Zew Economic Sentiment Index -22.80 -22.50 89.60 -63.90 [+]
Car Production 415500.00 313200.00 583399.00 265542.00 Units [+]
Car Registrations 244622.00 313748.00 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 -14.50 -19.30 46.60 -30.40 percent [+]
Steel Production 3266.16 3360.00 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 81.80 82.84 82.84 5.37 Points [+]
Competitiveness Rank 7.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.50 51.70 59.00 48.50 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 52.00 Sep/19
Brazil 52.50 Sep/19
China 51.90 Sep/19
Euro Area 50.10 Sep/19
France 50.80 Sep/19
Germany 48.50 Sep/19
India 49.80 Sep/19
Italy 50.60 Sep/19
Japan 51.50 Sep/19
Russia 51.40 Sep/19
Singapore 48.30 Sep/19
South Africa 49.20 Sep/19
United Kingdom 49.30 Sep/19
United States 51.00 Sep/19


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