Germany Manufacturing PMI

The IHS Markit Germany Manufacturing PMI rose to 44.5 in April 2019 from the previous month's near seven-year low of 44.1, but below market expectations of 45, a preliminary estimate showed. Still, the latest reading pointed to a sharp contraction in the manufacturing sector, as inflows of new business fell for a fourth straight month led by a further steep decline in new export orders, which dropped at the second-fastest rate in the past ten years. Firms highlighted weak demand across the automotive sector in particular, whilst also suggesting some hesitancy among UK based clients. In addition, work-in-hand at manufacturers declined the most for almost a decade while employment levels were unchanged. Looking ahead, business confidence towards the year-ahead outlook was the weakest since November 2012. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 50.50 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	99.60	98.70	109.80	79.70	Index Points	[+]
Services PMI	55.60	55.40	60.30	41.30	Index Points	[+]
Manufacturing PMI	44.50	44.10	63.30	32.00		[+]
Composite Pmi	52.10	51.40	59.00	50.20	Index Points	[+]
Industrial Production	-0.40	-2.70	15.30	-21.80	percent	[+]
Industrial Production Mom	0.70	0.00	4.00	-6.90	percent	[+]
Manufacturing Production	-1.70	-3.10	15.50	-24.10	percent	[+]
Capacity Utilization	86.30	87.10	88.70	70.20	percent	[+]
New Orders	101.20	105.50	113.50	8.80	Index Points	[+]
Factory Orders	-4.20	-2.10	27.10	-15.70	percent	[+]
Changes in Inventories	2.94	11.05	11.05	-11.34	EUR Billion	[+]
Bankruptcies	1700.00	1366.00	3755.00	416.00	Companies	[+]
Corporate Profits	193.03	192.30	201.89	91.05	EUR Billion	[+]
Zew Economic Sentiment Index	3.10	-3.60	89.60	-63.90		[+]
Car Production	451400.00	440900.00	583399.00	265542.00	Units	[+]
Car Registrations	345523.00	268867.00	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	-14.40	-16.70	46.60	-30.40	percent	[+]
Steel Production	3120.00	3410.00	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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	44.50	44.10	63.30	32.00	2008 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	51.00	Mar/19	54	62.5 : 29.47
Brazil	52.80	Mar/19	53.4	53.5 : 41.6
Canada	50.50	Mar/19	52.6	57.1 : 47.5
China	50.80	Mar/19	49.9	52.3 : 47.2
Euro Area	47.80	Apr/19	47.5	60.6 : 33.5
France	49.60	Apr/19	49.7	58.8 : 42.7
Germany	44.50	Apr/19	44.1	63.3 : 32
India	52.60	Mar/19	54.3	55 : 47.9
Indonesia	51.20	Mar/19	50.1	58.5 : 46.4
Italy	47.40	Mar/19	47.7	59 : 47.4
Japan	49.50	Apr/19	49.2	56.2 : 29.6
Mexico	49.80	Mar/19	52.6	57.1 : 49.2
Netherlands	52.50	Mar/19	52.7	63.4 : 48
Russia	52.80	Mar/19	50.1	54.7 : 47.6
Saudi Arabia	56.80	Mar/19	56.6	61.8 : 51.4
Singapore	50.80	Mar/19	50.4	53.1 : 48.3
South Africa	45.00	Mar/19	46.2	60.87 : 35.09
South Korea	48.80	Mar/19	47.2	52.6 : 45.7
Spain	50.90	Mar/19	49.9	56.1 : 41.1
Switzerland	50.30	Mar/19	55.4	66.9 : 32.8
Turkey	47.20	Mar/19	46.4	55.7 : 42.7
United Kingdom	55.10	Mar/19	52.1	61.5 : 34.4
United States	52.40	Apr/19	52.4	57.9 : 50.7