The S&P Global/BME Germany Manufacturing PMI fell to 52 in June of 2022 from 54.8 in May, pointing to the slowest growth in factory activity since July of 2020, and in line with preliminary estimates. New orders fell for a third month amid growing headwinds to demand, and output also declined amid persistent supply shortages although for others a fall in demand was the driving factor behind lower output. Meanwhile, input price inflation eased to 16-month low, a sign of the alleviation of some supply-chain pressures and factory gate charge inflation went down sharply to it slowest so far this year. At the same time, employment remained robust, reflecting long-running efforts to expand capacity. Finally, firms grew more pessimistic about the outlook, owing to concerns about a combination of high inflation, continued supply disruption and shrinking order books. source: Markit Economics
Manufacturing PMI in Germany averaged 52.29 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 July of 2022.
Manufacturing PMI in Germany is expected to be 53.60 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 55.10 points in 2023 and 54.30 points in 2024, according to our econometric models.