The IHS Markit Manufacturing PMI edged up to 65.6 in July of 2021 from 65.1 in June, well above market forecasts of 64.2, flash figures showed. The reading pointed to the strongest growth in factory activity in 3 months as the output remained strong although a number of companies of noted production levels were constrained by material shortages. Manufacturing order books, by contrast, showed a further acceleration at the start of the third quarter, growing at the quickest rate since April and employment also increased at unprecedent levels. On the price front, purchase price inflation hit an all-time high and output prices also accelerated. Finally, business confidence eased from June but remained strong. source: Markit Economics

Manufacturing PMI in Germany averaged 51.95 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 July of 2021.

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. Looking forward, we estimate Manufacturing PMI in Germany to stand at 54.50 in 12 months time. In the long-term, the Germany Manufacturing PMI is projected to trend around 54.80 points in 2022 and 54.00 points in 2023, according to our econometric models.

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Germany Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
65.60 65.10 66.60 32.00 2008 - 2021 points Monthly
SA


News Stream
Germany Manufacturing PMI at 3-Month High
The IHS Markit Manufacturing PMI edged up to 65.6 in July of 2021 from 65.1 in June, well above market forecasts of 64.2, flash figures showed. The reading pointed to the strongest growth in factory activity in 3 months as the output remained strong although a number of companies of noted production levels were constrained by material shortages. Manufacturing order books, by contrast, showed a further acceleration at the start of the third quarter, growing at the quickest rate since April and employment also increased at unprecedent levels. On the price front, purchase price inflation hit an all-time high and output prices also accelerated. Finally, business confidence eased from June but remained strong.
2021-07-23
Germany Factory Growth Revised Slightly Higher: PMI
The IHS Markit/BME Germany Manufacturing PMI was revised slightly higher to 65.1 in June of 2021 from a preliminary of 64.9, remaining close to a record high of 66.6 hit in March. Rates of output and new order growth accelerated for the first time in three months. Supply shortages remained a prominent feature, contributing to both a further build-up of backlogs of work and a fresh record rise in factory gate charges as costs continued to surge. Looking ahead, firms' expectations for activity over the next 12 months ticked up to a new all-time high, with the positive outlook helping to support a sharp and accelerated rise in factory employment.
2021-07-01
Germany Factory Growth Remains Robust
The IHS Markit Germany Manufacturing PMI increased to 64.9 in June of 2021 from 64.4 in May, beating market forecasts of 63, preliminary estimates showed. The reading pointed to strong growth in factory activity, amid the further easing of COVID-19 restrictions although price pressures intensified. New orders rose and there was also a slight fall in the number of businesses reporting longer lead-times on materials and components (although reports of delays were still among the highest in the series history). Purchase prices went up at a rate close to May’s all-time peak and price charges increased at record rates. At the same time, business confidence increased to an all-time high.
2021-06-23
Germany Manufacturing PMI Revised Higher
The IHS Markit Germany Manufacturing PMI was revised higher to 64.4 in May of 2021 from a preliminary of 64 but remained lower than 66.2 in April. Still, the reading pointed to a strong growth in factory activity, although it was constrained by worsening supply-chain disruption. Reports of delays in the receipt of inputs reached a new record high, with bottlenecks in turn pushing up the rate of cost inflation well beyond anything seen before in the series history. Still, goods producers remained strongly optimistic about the outlook, and continued to up the rate of job creation in order to expand capacity and in anticipation of growth over the next 12 months.
2021-06-01

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.