The IHS Markit Germany Manufacturing PMI fell to 47.6 in February 2019 from 49.7 in the previous month and below market expectations of 49.7, a preliminary estimate showed. The latest reading pointed to the second successive monthly contraction in manufacturing and the steepest since December 2012, as output fell for the first time since April 2013 and at the quickest rate in over six years. In addition, new orders posted the steepest fall for six-and-a-half years amid a further sharp drop in exports, in particular to China. Stocks of purchases also declined and input lead times decreased for the first time in almost three years. On the other hand, employment continued to grow. Looking ahead, business expectations dipped to their lowest in over six years. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 51.90 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
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Germany Business Last Previous Highest Lowest Unit
Business Confidence 99.10 101.00 109.80 80.20 Index Points [+]
Services PMI 55.10 53.00 60.30 41.30 Index Points [+]
Manufacturing PMI 47.60 49.70 63.30 32.00 [+]
Composite Pmi 52.70 52.10 59.00 50.20 Index Points [+]
Industrial Production -3.90 -4.00 15.30 -21.80 percent [+]
Industrial Production Mom -0.40 -1.30 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 105.60 107.30 113.50 8.80 Index Points [+]
Factory Orders -1.60 -0.20 27.10 -15.70 percent [+]
Changes in Inventories 8.73 1.42 9.69 -11.37 EUR Billion [+]
Bankruptcies 1694.00 1490.00 3755.00 416.00 Companies [+]
Corporate Profits 192.30 201.89 201.89 91.05 EUR Billion [+]
Zew Economic Sentiment Index -13.40 -15.00 89.60 -63.90 [+]
Car Production 367300.00 296000.00 583399.00 265542.00 Units [+]
Car Registrations 265702.00 237058.00 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 3230.00 3450.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.60 49.70 63.30 32.00 2008 - 2019 Monthly
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Country Last Previous
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 49.20 Feb/19
France 51.40 Feb/19
Germany 47.60 Feb/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 48.50 Feb/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 54.90 Jan/19


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