The IHS Markit/BME Germany Manufacturing PMI was revised lower to 66.2 in April of 2021 from a preliminary of 66.4 and down from a record high of 66.6 in March. Still, Germany's manufacturing sector continued to enjoy a historically strong rate of growth in April. Expansions in output and new orders eased but remained close to the record highs seen in March, while growing pressure on capacity and strong business confidence fuelled an acceleration in job creation. Severe supply-side disruption remained a hindrance to the sector's performance, however, weighing on output and contributing to rises in both input cost and output price inflation, the latter to a new record high. Finally, business expectations rose to above the previous record high set in February. source: Markit Economics

Manufacturing PMI in Germany averaged 51.71 points from 2008 until 2021, reaching an all time high of 66.60 points in March of 2021 and a record low of 32 points in January of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Manufacturing PMI in Germany is expected to be 55.00 points 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 54.00 in 12 months time. In the long-term, the Germany Manufacturing PMI is projected to trend around 54.80 points in 2022 and 54.00 points in 2023, according to our econometric models.

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Germany Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
66.20 66.60 66.60 32.00 2008 - 2021 points Monthly
SA


News Stream
Germany Manufacturing PMI Revised Slightly Lower
The IHS Markit/BME Germany Manufacturing PMI was revised lower to 66.2 in April of 2021 from a preliminary of 66.4 and down from a record high of 66.6 in March. Still, Germany's manufacturing sector continued to enjoy a historically strong rate of growth in April. Expansions in output and new orders eased but remained close to the record highs seen in March, while growing pressure on capacity and strong business confidence fuelled an acceleration in job creation. Severe supply-side disruption remained a hindrance to the sector's performance, however, weighing on output and contributing to rises in both input cost and output price inflation, the latter to a new record high. Finally, business expectations rose to above the previous record high set in February.
2021-05-03
Germany Factory Activity Remains Robust: PMI
The IHS Markit Germany Manufacturing PMI edged down to 66.4 in April of 2021 from a record high of 66.6 in March, preliminary estimates showed. Still, figures beat market forecasts of 65.8, pointing to a strong growth in factory activity although there were supply issues holding back production. Manufacturers continued to report strong growth in order book volumes, albeit with the rate of increase easing slightly from March’s record high due in part to a slower rise in new export orders. Backlogs grew at a record pace as goods producers struggled to keep pace with demand. Also, employment rose the most since August of 2018 and input cost inflation was the highest since February of 2011 due to shortages of inputs and a lack of available freight capacity. Finally, business expectations ticked up and were close to February’s recent peak.
2021-04-23
Germany Factory Growth Confirmed at Record High
The IHS Markit/BME Germany Manufacturing PMI was unrevised at 66.6 in March of 2021 from 60.7 in February, pointing to a record growth in factory activity, amid also record rises in new orders and output. Growing pressure on capacity and strong confidence about the outlook meanwhile led to the first rise in sector employment in more than two years. At the same time, however, the survey indicated a further deterioration in supply-side conditions, with March seeing unprecedented reports of input delivery delays which helped push cost inflation to the highest in over a decade. Finally, manufacturers' expectations towards activity over the coming year remained strongly positive. That said, there was uncertainty among some firms about whether current levels of demand could be sustained, which was reflected in a slight drop in the overall degree of optimism from February's series high.
2021-04-01
German Factory Growth Hits Record High
The IHS Markit Germany Manufacturing PMI jumped to 66.6 in March of 2021 from 60.7 in February, well above forecasts of 60.8, flash estimates showed. The reading pointed to a record growth in factory activity amid a record output rise and rising sales to Asia (particularly China), Europe and the US. Many manufacturers highlighted difficulties keeping up with demand, which was reflected in an unprecedented rise in factory backlogs of work. Employment also returned to growth for the first time in more than 2 years. Also, price pressures intensified and input prices rose the most in 121 months and charged prices rose at a record pace. Finally, manufacturers remained strongly upbeat about the year-ahead outlook for output. The degree of optimism was down slightly since February but still the third-highest on record. Still, most responses to get the PMI were collected prior to the announcement of an extension to lockdown measures.
2021-03-24

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.