The IHS Markit Germany Manufacturing PMI plunged to 44.7 in March 2019 from 47.6 in the previous month and well below market expectations of 48, a preliminary estimate showed. The latest reading pointed to the steepest pace of contraction in the manufacturing sector since August 2012, as new export orders fell for the seventh month in a row and at the quickest rate for over six-and-half years amid delayed decision-making among clients due to uncertainty, as well as weaker demand in the automotive sector. In addition, backlogs of work declined the most in nearly a decade and employment contracted for the first time in three years. On the price front, factory gate charges rose at the slowest rate since November 2016 and input prices increased the least since mid-2016. Looking ahead, business sentiment fell further into negative territory to the weakest since late-2012. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 49.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Germany to stand at 51.50 in 12 months time. In the long-term, the Germany Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

Germany Manufacturing PMI
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Germany Business Last Previous Highest Lowest Unit
Business Confidence 98.50 99.30 109.80 80.30 Index Points [+]
Services PMI 54.90 55.30 60.30 41.30 Index Points [+]
Manufacturing PMI 44.70 47.60 63.30 32.00 [+]
Composite Pmi 51.50 52.80 59.00 50.20 Index Points [+]
Industrial Production -3.30 -2.70 15.30 -21.80 percent [+]
Industrial Production Mom -0.80 0.80 4.00 -6.90 percent [+]
Manufacturing Production -4.00 -4.60 15.50 -24.10 percent [+]
Capacity Utilization 86.30 87.10 88.70 70.20 percent [+]
New Orders 105.50 105.60 113.50 8.80 Index Points [+]
Factory Orders -2.60 0.90 27.10 -15.70 percent [+]
Changes in Inventories 2.94 11.05 11.05 -11.34 EUR Billion [+]
Bankruptcies 1694.00 1490.00 3755.00 416.00 Companies [+]
Corporate Profits 193.03 192.30 201.89 91.05 EUR Billion [+]
Zew Economic Sentiment Index -3.60 -13.40 89.60 -63.90 [+]
Car Production 440900.00 367300.00 583399.00 265542.00 Units [+]
Car Registrations 268867.00 265702.00 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 -8.70 -10.10 46.60 -30.40 percent [+]
Steel Production 3410.00 3230.00 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 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. 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 - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
44.70 47.60 63.30 32.00 2008 - 2019 Monthly
SA




Country Last Previous
Australia 54.00 Feb/19
Brazil 53.40 Feb/19
Canada 52.60 Feb/19
China 49.90 Feb/19
Euro Area 47.60 Mar/19
France 49.80 Mar/19
Germany 44.70 Mar/19
India 54.30 Feb/19
Indonesia 50.10 Feb/19
Italy 47.70 Feb/19
Japan 48.90 Mar/19
Mexico 52.60 Feb/19
Netherlands 52.70 Feb/19
Russia 50.10 Feb/19
Saudi Arabia 56.60 Feb/19
Singapore 50.40 Feb/19
South Africa 46.20 Feb/19
South Korea 47.20 Feb/19
Spain 49.90 Feb/19
Switzerland 55.40 Feb/19
Turkey 46.40 Feb/19
United Kingdom 52.00 Feb/19
United States 52.50 Mar/19


Related

Latest