Germany Services PMIGermany Services PMIGermany Services PMI

Germany Services PMI

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Key data points

Last release
Observation period
Apr 2024
Next release
Forecast
53.90POINT
Highest
61.80POINT on Jul 31, 2021
Lowest
16.20POINT on Apr 30, 2020

About Germany Services PMI

Category
Business
Frequency
Monthly
Units
POINT
The HCOB Germany Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. 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.