Germany Manufacturing PMI

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.

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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		[+]

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	SA

Country	Last		Previous	Range
Australia	52.50	Jan/19	50	62.5 : 29.47
Brazil	52.70	Jan/19	52.6	53.5 : 41.6
Canada	53.00	Jan/19	53.6	57.1 : 47.5
China	48.30	Jan/19	49.7	52.3 : 47.2
Euro Area	49.20	Feb/19	50.5	60.6 : 33.5
France	51.40	Feb/19	51.2	58.8 : 42.7
Germany	47.60	Feb/19	49.7	63.3 : 32
India	53.90	Jan/19	53.2	55 : 47.9
Indonesia	49.90	Jan/19	51.2	58.5 : 46.4
Italy	47.80	Jan/19	49.2	59 : 47.8
Japan	48.50	Feb/19	50.3	56.2 : 29.6
Mexico	50.90	Jan/19	49.7	57.1 : 49.2
Netherlands	55.10	Jan/19	57.2	63.4 : 48
Russia	50.90	Feb/19	51.7	54.7 : 47.6
Saudi Arabia	56.20	Jan/19	54.5	61.8 : 51.4
Singapore	50.70	Jan/19	51.1	53.1 : 48.3
South Africa	49.90	Jan/19	50.7	60.87 : 35.09
South Korea	48.30	Jan/19	49.8	52.6 : 45.7
Spain	52.40	Jan/19	51.1	56.1 : 41.1
Switzerland	54.30	Jan/19	57.5	66.9 : 32.8
Turkey	44.20	Jan/19	44.2	55.7 : 42.7
United Kingdom	52.80	Jan/19	54.2	61.5 : 34.4
United States	54.90	Jan/19	53.8	57.9 : 50.7