Germany manufacturing PMIGermany manufacturing PMIGermany manufacturing PMI

Germany manufacturing PMI

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Key data points

Last release
Observation period
Apr 2024
Next release
Forecast
45.40POINT
Highest
66.60POINT on Mar 31, 2021
Lowest
32.00POINT on Jan 31, 2009

About Germany manufacturing PMI

Category
Business
Frequency
Monthly
Units
POINT
The HCOB Germany Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 420 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.