Germany: Manufacturing PMI - Final

Macro

2026-07-01

Description

The German Manufacturing Purchasing Managers' Index (PMI) is compiled by IHS Markit based on monthly surveys of purchasing managers from approximately 420 German manufacturing companies. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 indicates contraction. This index is crucial for assessing the overall economic health and forecasting future economic activity, and it influences the European Central Bank's (ECB) monetary policy as well as corporate and investment strategies.

The Manufacturing PMI is composed of five main sub-indices: New Orders (30%), Output (25%), Employment (20%), Suppliers' Delivery Times (15%), and Stocks of Materials Purchased (10%).

The index is typically published on the first working day of each month.

Published by
Markit (Choice)
Frequency
Monthly
Next Update
Hashtags
Industry PMI Germany

AI Data Insight

The final reading of Germany's Manufacturing PMI for June 2026 rebounded to 50.3 from the previous 50.1, beating the preliminary market expectation of 50.0. This recovery was primarily driven by new orders returning to growth and the depletion of corporate backlogs of work, pushing a mild increase in overall output. Although Middle East geopolitical risks persist, cost inflation pressures have shown initial signs of cooling, providing support for short-term momentum.

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AI Data Insight

The final reading of Germany's Manufacturing PMI for June 2026 rebounded to 50.3 from the previous 50.1, beating the preliminary market expectation of 50.0. This recovery was primarily driven by new orders returning to growth and the depletion of corporate backlogs of work, pushing a mild increase in overall output. Although Middle East geopolitical risks persist, cost inflation pressures have shown initial signs of cooling, providing support for short-term momentum.

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Description

The German Manufacturing Purchasing Managers' Index (PMI) is compiled by IHS Markit based on monthly surveys of purchasing managers from approximately 420 German manufacturing companies. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 indicates contraction. This index is crucial for assessing the overall economic health and forecasting future economic activity, and it influences the European Central Bank's (ECB) monetary policy as well as corporate and investment strategies.

The Manufacturing PMI is composed of five main sub-indices: New Orders (30%), Output (25%), Employment (20%), Suppliers' Delivery Times (15%), and Stocks of Materials Purchased (10%).

The index is typically published on the first working day of each month.

Published by
Markit (Choice)
Frequency
Monthly
Next Update
Hashtags
Industry PMI Germany