Markit Germany Manufacturing Purchasing Managers Index (PMI)

Country:
Germany
EUR, Euro
Source:
Sector:
Business
Medium 43.8 42.3
42.1
Last release Importance Actual Forecast
Previous
43.8
43.8
Next release Actual Forecast
Previous
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The Purchasing Managers' Index® (PMI®) is based on monthly surveys of carefully selected companies representing large and developing economies worldwide.

The PMI of the manufacturers and the manufacturing industry (IHS Markit / BME Germany Manufacturing PMI®) is collected by IHS Markit on a monthly basis by means of a questionnaire, which is answered by purchasing managers or managing directors of approximately 400 different companies in the manufacturing sector, broken down by detailed number of industry and company employees and based on contributions to GDP.

The key figure is the Purchasing Managers' Index® (PMI). The PMI is a weighted average of the following five indices: new orders (30%), production (25%), employment (20%), supplier delivery times (15%) and stocks (10%). For the PMI calculation, the suppliers' delivery time index is inverted so that it moves in a comparable direction to the other indices.

The indices are seasonally adjusted. The original data are not subject to revision after their first publication. Seasonally adjusted data, on the other hand, can be revised if necessary due to updated seasonal adjustment factors.

The survey takes place in the second half of the month. The survey asks about the change compared to the previous month. From this, a diffusion index is calculated for each variable. This results from the sum of the percentage of firms reporting an improvement and half the percentage of those reporting no change in the situation. These indices vary between 0 and 100, with a value of 50.0 representing no change from the previous month. Values above 50.0 indicate improvement or growth, values below 50.0 indicate deterioration or decline. The greater the deviation from 50.0, the higher the change from the previous month.

The index is compiled to provide a general overview of the economic situation in the manufacturing sector. It is an early indicator for the economy as a whole. The growth of the manufacturers' PMI is an indication of favourable market conditions and can be seen as positive for the euro.

Last values:

actual data

forecast

The chart of the entire available history of the "Markit Germany Manufacturing Purchasing Managers Index (PMI)" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Nov 2019 prelim.
43.8
42.3
42.1
Oct 2019
42.1
41.9
41.9
Oct 2019 prelim.
41.9
40
41.7
Sep 2019
41.7
41.4
41.4
Sep 2019 prelim.
41.4
44.1
43.5
Aug 2019
43.5
43.6
43.6
Aug 2019 prelim.
43.6
41.8
43.2
Jul 2019
43.2
43.1
43.1
Jul 2019 prelim.
43.1
45.4
45
Jun 2019
45
45.4
45.4
Jun 2019 prelim.
45.4
44.1
44.3
May 2019
44.3
44.3
44.3
May 2019 prelim.
44.3
44.3
44.4
Apr 2019
44.4
44.5
44.5
Apr 2019 prelim.
44.5
42.8
44.1
Mar 2019
44.1
44.7
44.7
Mar 2019 prelim.
44.7
47.5
47.6
Feb 2019
47.6
47.6
47.6
Feb 2019 prelim.
47.6
48.4
49.7
Jan 2019
49.7
49.9
49.9
Jan 2019 prelim.
49.9
52
51.5
Dec 2018
51.5
51.9
51.5
Dec 2018 prelim.
51.5
51.8
51.8
Nov 2018
51.8
50.8
51.6
Nov 2018 prelim.
51.6
50.7
52.2
Oct 2018
52.2
52.3
Oct 2018 prelim.
52.3
53.7
Sep 2018
53.7
53.7
Sep 2018 prelim.
53.7
55.9
Aug 2018
55.9
56.1
Aug 2018 prelim.
56.1
56.9
Jul 2018
56.9
57.3
Jul 2018 prelim.
57.3
55.9
Jun 2018
55.9
55.9
Jun 2018 prelim.
55.9
56.9
May 2018
56.9
56.8
May 2018 prelim.
56.8
58.1
Apr 2018
58.1
58.1
Apr 2018 prelim.
58.1
58.2
Mar 2018
58.2
58.4
Mar 2018 prelim.
58.4
60.6
Feb 2018
60.6
60.3
Feb 2018 prelim.
60.3
61.1
Jan 2018
61.1
61.2
Jan 2018 prelim.
61.2
63.3
Dec 2017
63.3
63.3
Dec 2017 prelim.
63.3
62.5
Nov 2017
62.5
62.5
Nov 2017 prelim.
62.5
60.6
Oct 2017
60.6
60.5

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