The S&P Global/BME Germany Manufacturing PMI was revised lower to 46.2 in November of 2022 from a preliminary of 46.7, pointing to a slightly sharper contraction in factory activity than initially estimated, and extending the decline for a fifth straight month. However, the index was above a two-and-a-half year low of 45.1 in October. Weakening demand due to high energy costs, soaring inflation and an uncertain economic outlook continues to weigh, with lower sales to Asia and across Europe. source: Markit Economics
Manufacturing PMI in Germany averaged 52.16 points from 2008 until 2022, reaching an all time high of 66.60 points in March of 2021 and a record low of 32.00 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 December of 2022.
Manufacturing PMI in Germany is expected to be 46.00 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.