The S&P Global Flash Germany Manufacturing PMI fell to 48.3 in September of 2022 from 49.1 in August, pointing to a third consecutive month of falling factory activity, and the worst since June of 2020, preliminary estimates showed. Figures matched market forecasts of 48.3. Production was down for the fourth month in a row, though the rate of contraction eased to the slowest since June amid some reports of improved raw material supply. On the price front, manufacturing input prices increased faster but remained some way off its peak in 2021, and there was also little change in the rate of factory gate price inflation. At the same time, delays in the receipt of inputs fell to the lowest for two years. Meanwhile, there were reports of increased hesitancy among customers due to growing pressure on budgets and continued uncertainty towards the outlook. Employment slowed and expectations worsened. source: Markit Economics

Manufacturing PMI in Germany averaged 52.23 points from 2008 until 2022, reaching an all time high of 66.60 points in March of 2021 and a record low of 32 points in January of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Manufacturing PMI in Germany is expected to be 48.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Manufacturing PMI is projected to trend around 51.50 points in 2023 and 54.30 points in 2024, according to our econometric models.

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Germany Manufacturing PMI



Related Last Previous Unit Reference
Services PMI 45.40 47.70 points Sep 2022
Manufacturing PMI 48.30 49.10 points Sep 2022
Composite PMI 45.90 46.90 points Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
48.30 49.10 66.60 32.00 2008 - 2022 points Monthly
SA

News Stream
Germany Manufacturing Activity Sinks Further
The S&P Global Flash Germany Manufacturing PMI fell to 48.3 in September of 2022 from 49.1 in August, pointing to a third consecutive month of falling factory activity, and the worst since June of 2020, preliminary estimates showed. Figures matched market forecasts of 48.3. Production was down for the fourth month in a row, though the rate of contraction eased to the slowest since June amid some reports of improved raw material supply. On the price front, manufacturing input prices increased faster but remained some way off its peak in 2021, and there was also little change in the rate of factory gate price inflation. At the same time, delays in the receipt of inputs fell to the lowest for two years. Meanwhile, there were reports of increased hesitancy among customers due to growing pressure on budgets and continued uncertainty towards the outlook. Employment slowed and expectations worsened.
2022-09-23
Germany Factory Activity Shrinks More than Initially Expected
The S&P Global/BME Germany Manufacturing PMI was revised lower to 49.1 in August of 2022 from a preliminary of 49.8, pointing to a second consecutive month of falling factory activity, and the worse since June of 2020. A sustained downturn in new orders weighed on production levels and slow the rate of job creation at factories and stocks rose. Amid signs of a further easing of supply-side constraints, the rate of cost inflation retreated further from its recent historic highs, although it was still elevated due to pressure from increased energy costs in particular. Firms were less pessimistic about the outlook than the month before, although concerns about high inflation environment, uncertainty in the energy market, and economic slowdown risks weighed.
2022-09-01
Germany Manufacturing PMI Tops Forecasts
The S&P Global Germany Manufacturing PMI increased to 49.8 in August of 2022 from 49.3 in the previous month and above market expectations of 48.2, flash estimates showed. New orders shrank at a softer pace while export sales fell the most in over two years and employment growth slowed. On the price front, the rate of input cost inflation was down notably from last year’s record highs, amid reports of a softening of some materials prices and a further easing of supply bottlenecks. On the other hand, factory gate charges rose at a slightly quicker rate than in the previous month. Looking ahead, sentiment picked up but remained in negative territory.
2022-08-23