The IHS Markit/BME Germany Manufacturing PMI was revised lower to 57.4 in December of 2021 from a preliminary of 57.9, matching the previous month's reading of 57.4 which was the lowest since January 2021, as supply constraints continued to held back factory production. However, with firms recording the lowest incidence of input delivery delays since January 2021, the rate of output growth picked up slightly. This coincided with a partial correction in the rate of cost inflation from recent record highs as well as an improvement in expectations towards future production. Employment also rose faster. Still, conditions on the supply side remained among the toughest seen in the survey's history, leading firms to rapidly build up buffer stocks of inputs during the month. source: Markit Economics

Manufacturing PMI in Germany averaged 52.15 points from 2008 until 2021, 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 January of 2022.

Manufacturing PMI in Germany is expected to be 54.00 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 54.80 points in 2023 and 54.00 points in 2024, according to our econometric models.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Germany Manufacturing PMI


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
57.40 57.40 66.60 32.00 2008 - 2021 points Monthly
SA

Related Last Previous Unit Reference
Services PMI 48.70 52.70 points Dec/21
Manufacturing PMI 57.40 57.40 points Dec/21
Composite PMI 49.90 52.20 points Dec/21


News Stream
Germany Manufacturing PMI Revised Lower
The IHS Markit/BME Germany Manufacturing PMI was revised lower to 57.4 in December of 2021 from a preliminary of 57.9, matching the previous month's reading of 57.4 which was the lowest since January 2021, as supply constraints continued to held back factory production. However, with firms recording the lowest incidence of input delivery delays since January 2021, the rate of output growth picked up slightly. This coincided with a partial correction in the rate of cost inflation from recent record highs as well as an improvement in expectations towards future production. Employment also rose faster. Still, conditions on the supply side remained among the toughest seen in the survey's history, leading firms to rapidly build up buffer stocks of inputs during the month.
2022-01-03
German Manufacturing Growth Picks Up in December
The IHS Markit Germany Manufacturing PMI rose to 57.9 in December 2021, from 57.4 in the previous month and easily beating market consensus of 56.8, a preliminary estimate showed. The reading signaled the strongest growth in the sector for three months, as the drag on factory output from supply-chain bottlenecks eased slightly, with incidences of input delivery delays at their least widespread since January. New order growth slowed to an 18-month low, while the the pace of job creation accelerated. On the cost front, price pressure remained high, although the latest increases in factory input costs and output prices were the least marked for eight and seven months respectively. Finally, business optimism improved slightly to a four-month high in December, with goods producers buoyed by full order books and the prospect of easing supply-chain constraints.
2021-12-16
Germany Manufacturing PMI Revised Lower
The IHS Markit/BME Germany Manufacturing PMI was revised slightly lower to 57.4 in November of 2021 from a preliminary of 57.6, down from 57.8 in October, pointing to the slowest growth in factory activity since in 10 months. Ongoing supply bottlenecks and associated input shortages held back growth in manufacturing activity for the fourth month running, while also contributing to record rises in prices. New orders were also affected but to a lesser extent, leading to a further increase in backlogs of work, and even rose at a slightly faster rate than in October. The rate of job creation was solid but softened to a nine-month low, with some panellists reporting difficulty filling vacancies. On a brighter note, expectations towards future output improved for the first time in five months.
2021-12-01