The IHS Markit Germany Manufacturing PMI rose to 43.6 in August 2019 from a seven-year low of 43.2 in the previous month and above market expectations of 43, a preliminary estimate showed. Still, the latest reading pointed to the eight month of contraction in the manufacturing sector, as new orders fell the most since April on the back of weak external demand. In addition, employment contracted the most since July 2012 and outstanding business continued to decline. On the price front, goods producers recorded a further sharp drop in input costs and a subsequent reduction in factory gate charges. Looking ahead, business confidence was the weakest since that series began in mid-2012. Manufacturing PMI in Germany is reported by Markit Economics.

Manufacturing PMI in Germany is expected to be 45.90 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 52.60 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 95.70 97.50 109.80 79.90 Index Points [+]
Services PMI 54.40 54.50 60.30 41.30 Index Points [+]
Manufacturing PMI 43.60 43.20 63.30 32.00 [+]
Composite Pmi 51.40 50.90 59.00 50.20 Index Points [+]
Industrial Production -5.20 -4.40 15.30 -21.80 percent [+]
Industrial Production Mom -1.50 0.10 4.00 -6.90 percent [+]
Manufacturing Production -6.10 -4.90 15.50 -24.10 percent [+]
Capacity Utilization 83.90 85.40 88.70 70.20 percent [+]
New Orders 102.90 100.20 113.50 8.80 Index Points [+]
Factory Orders 2.50 -2.00 27.10 -15.70 percent [+]
Changes in Inventories -3.37 3.08 10.85 -11.30 EUR Billion [+]
Bankruptcies 1670.00 1689.00 3755.00 416.00 Companies [+]
Corporate Profits 192.10 193.12 202.12 91.05 EUR Billion [+]
Zew Economic Sentiment Index -44.10 -24.50 89.60 -63.90 [+]
Car Production 359400.00 374700.00 583399.00 265542.00 Units [+]
Car Registrations 332788.00 325231.00 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 -19.30 -15.90 46.60 -30.40 percent [+]
Steel Production 3405.48 3470.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
43.60 43.20 63.30 32.00 2008 - 2019 Monthly
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Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 47.00 Aug/19
France 51.00 Aug/19
Germany 43.60 Aug/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.50 Aug/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 49.90 Aug/19


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