The IHS Markit Germany Composite PMI was revised lower to 55.8 in April 2021 from a preliminary of 56 and March's 37-month high of 57.3, owing to the combination of a broad stagnation in services activity and a slower expansion in goods production. New business softened while the overall rate of job creation accelerated to a two-and-a-half year high. On the price front, input price inflation was at a near-record high in April, while average prices charged for goods and services showed the steepest increase since January 2019. Looking ahead, expectations eased slightly from March's series-record high (since July 2012). source: Markit Economics
Composite PMI in Germany averaged 53.13 points from 2013 until 2021, reaching an all time high of 59 points in January of 2018 and a record low of 17.40 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Composite PMI in Germany is expected to be 54.90 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 53.70 in 12 months time. In the long-term, the Germany Composite PMI is projected to trend around 54.80 points in 2022 and 54.00 points in 2023, according to our econometric models.