Markit Germany Services Purchasing Managers Index (PMI)

Country:
Germany
EUR, Euro
Source:
Sector:
Business
Medium 52.7 53.4
53.4
Last release Importance Actual Forecast
Previous
55.3
52.7
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 IHS Markit Germany Services 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 service sector, broken down by detailed sector and company headcount and based on contributions to GDP. The participants in the survey were grouped according to location and industry (SIC). Sectors covered include consumers (excluding retailers), transport, information, communications, finance, insurance, real estate and business services.

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 is the sum of the percentage of firms reporting an improvement and half the percentage of firms 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 indices are seasonally adjusted. The adjusted original data are, according to their initial release, not subject to revision. Seasonally adjusted data, on the other hand, can be revised if necessary due to updated seasonal adjustment factors.

The index is compiled to provide a general overview of the economic situation in the manufacturing sector. It is an early indicator for the whole economy. The growth of the services PMI is an indicator 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 Services 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 2021
52.7
53.4
53.4
Nov 2021 prelim.
53.4
52.6
52.4
Oct 2021
52.4
52.4
52.4
Oct 2021 prelim.
52.4
53.5
56.2
Sep 2021
56.2
56.0
56.0
Sep 2021 prelim.
56.0
58.7
60.8
Aug 2021
60.8
61.5
61.5
Aug 2021 prelim.
61.5
61.3
61.8
Jul 2021
61.8
62.2
62.2
Jul 2021 prelim.
62.2
59.5
57.5
Jun 2021
57.5
58.1
58.1
Jun 2021 prelim.
58.1
51.5
52.8
May 2021
52.8
52.8
52.8
May 2021 prelim.
52.8
49.3
49.9
Apr 2021
49.9
50.1
50.1
Apr 2021 prelim.
50.1
52.9
51.5
Mar 2021
51.5
50.8
50.8
Mar 2021 prelim.
50.8
45.0
45.7
Feb 2021
45.7
45.9
45.9
Feb 2021 prelim.
45.9
47.5
46.7
Jan 2021
46.7
46.8
46.8
Jan 2021 prelim.
46.8
48.2
47.0
Dec 2020
47.0
47.7
47.7
Dec 2020 prelim.
47.7
45.7
46.0
Nov 2020
46.0
46.2
46.2
Nov 2020 prelim.
46.2
51.2
49.5
Oct 2020
49.5
48.9
48.9
Oct 2020 prelim.
48.9
52.5
50.6
Sep 2020
50.6
49.1
49.1
Sep 2020 prelim.
49.1
43.4
52.5
Aug 2020
52.5
50.8
50.8
Aug 2020 prelim.
50.8
47.2
55.6
Jul 2020
55.6
56.7
56.7
Jul 2020 prelim.
56.7
53.9
47.3
Jun 2020
47.3
45.8
45.8
Jun 2020 prelim.
45.8
33.3
32.6
May 2020
32.6
31.4
31.4
May 2020 prelim.
31.4
16.4
16.2
Apr 2020
16.2
15.9
15.9
Apr 2020 prelim.
15.9
27.8
31.7
Mar 2020
31.7
34.5
34.5
Mar 2020 prelim.
34.5
53.0
52.5
Feb 2020
52.5
53.3
53.3
Feb 2020 prelim.
53.3
54.6
54.2
Jan 2020
54.2
54.2
54.2
Jan 2020 prelim.
54.2
54.0
52.9
Dec 2019
52.9
52.0
52.0
Dec 2019 prelim.
52.0
51.2
51.7
Nov 2019
51.7
51.3
51.3
Nov 2019 prelim.
51.3
53.2
51.6

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