The IHS Markit/BME Germany Manufacturing PMI was revised lower to 45.0 in June 2019 from a preliminary estimate of 45.4 and compared to the previous month's final 44.3. The latest reading pointed to a deterioration in overall business conditions for the sixth month in a row, amid weaker external demand from Asia in particular and a slowdown in the auto industry. Output contracted at a solid and slightly accelerated rate and employment fell for the fourth month running. On the price front, input costs fell at a faster rate, dragged lower by a further reduction in buying activity and associated destocking efforts. Output expectations meanwhile turned positive for the first time in nine months, albeit remaining subdued by historical standards. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 45.40 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 52.00 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
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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 55.80 55.40 60.30 41.30 Index Points [+]
Manufacturing PMI 45.00 44.30 63.30 32.00 [+]
Composite Pmi 52.60 52.60 59.00 50.20 Index Points [+]
Industrial Production -3.70 -2.30 15.30 -21.80 percent [+]
Industrial Production Mom 0.30 -2.00 4.00 -6.90 percent [+]
Manufacturing Production -4.10 -3.40 15.50 -24.10 percent [+]
Capacity Utilization 85.40 86.30 88.70 70.20 percent [+]
New Orders 100.20 102.50 113.50 8.80 Index Points [+]
Factory Orders -2.20 0.40 27.10 -15.70 percent [+]
Changes in Inventories -3.37 3.08 10.85 -11.30 EUR Billion [+]
Bankruptcies 1689.00 1582.00 3755.00 416.00 Companies [+]
Corporate Profits 192.10 193.12 202.12 91.05 EUR Billion [+]
Zew Economic Sentiment Index -24.50 -21.10 89.60 -63.90 [+]
Car Production 374700.00 445700.00 583399.00 265542.00 Units [+]
Car Registrations 325231.00 332962.00 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 -15.70 -15.80 46.60 -30.40 percent [+]
Steel Production 3470.00 3358.31 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
45.00 44.30 63.30 32.00 2008 - 2019 Monthly
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Country Last Previous
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19


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