Germany Manufacturing PMI

The IHS Markit Germany Manufacturing PMI was confirmed at 44.3 in May 2019, little-changed from 44.4 in the previous month, pointing to a fifth month of contraction in the manufacturing sector due to a continued fall in new orders amid a slowdown in the car industry, the US-China trade conflict and customer destocking on sales. In addition, the rate of job losses accelerated to the quickest since January 2013, while pre-production inventories fell at the quickest rate in over six years and stocks of finished goods dropped the most since September 2016. On the price front, manufacturing purchase prices declined for the first time since mid-2016 while factory gate prices rose at a modest pace that was close to April’s 29-month low. Manufacturers remained downbeat about the outlook, though they were the least pessimistic since January, citing lingering concerns towards trade conflicts, the auto sector slowdown and Brexit. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 45.10 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 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.

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Germany Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	97.90	99.20	109.80	79.80	Index Points	[+]
Services PMI	55.40	55.70	60.30	41.30	Index Points	[+]
Manufacturing PMI	44.30	44.40	63.30	32.00		[+]
Composite Pmi	52.40	52.20	59.00	50.20	Index Points	[+]
Industrial Production	-1.80	-0.90	15.30	-21.80	percent	[+]
Industrial Production Mom	-1.90	0.50	4.00	-6.90	percent	[+]
Manufacturing Production	-3.40	-2.10	15.50	-24.10	percent	[+]
Capacity Utilization	85.40	86.30	88.70	70.20	percent	[+]
New Orders	102.50	102.00	113.50	8.80	Index Points	[+]
Factory Orders	0.30	0.80	27.10	-15.70	percent	[+]
Changes in Inventories	-3.37	3.08	10.85	-11.30	EUR Billion	[+]
Bankruptcies	1582.00	1579.00	3755.00	416.00	Companies	[+]
Corporate Profits	192.10	193.12	202.12	91.05	EUR Billion	[+]
Zew Economic Sentiment Index	-21.10	-2.10	89.60	-63.90		[+]
Car Production	445700.00	414300.00	583399.00	265542.00	Units	[+]
Car Registrations	332962.00	310715.00	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	-15.90	-13.60	46.60	-30.40	percent	[+]
Steel Production	3358.31	3675.00	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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	44.30	44.40	63.30	32.00	2008 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	52.70	May/19	54.8	62.5 : 29.47
Brazil	50.20	May/19	51.5	53.5 : 41.6
Canada	49.10	May/19	49.7	57.1 : 47.5
China	50.20	May/19	50.2	52.3 : 47.2
Euro Area	47.70	May/19	47.9	60.6 : 33.5
France	50.60	May/19	50	58.8 : 42.7
Germany	44.30	May/19	44.4	63.3 : 32
India	52.70	May/19	51.8	55 : 47.9
Indonesia	51.60	May/19	50.4	58.5 : 46.4
Italy	49.70	May/19	49.1	59 : 47.4
Japan	49.80	May/19	50.2	56.2 : 29.6
Mexico	50.00	May/19	50.1	57.1 : 49.2
Netherlands	52.20	May/19	52	63.4 : 48
Russia	49.80	May/19	51.8	54.7 : 47.6
Saudi Arabia	57.30	May/19	56.8	61.8 : 51.4
Singapore	49.90	May/19	50.3	53.1 : 48.3
South Africa	45.40	May/19	47.2	60.87 : 35.09
South Korea	48.40	May/19	50.2	52.6 : 45.7
Spain	50.10	May/19	51.8	56.1 : 41.1
Switzerland	48.60	May/19	48.5	66.9 : 32.8
Turkey	45.30	May/19	46.8	55.7 : 42.7
United Kingdom	49.40	May/19	53.1	61.5 : 34.4
United States	50.50	May/19	52.6	57.9 : 50.5