Germany: Manufacturing PMI - Final

Macro

2026-11-02

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

Germany's final Manufacturing PMI for October 2026 rose to 54.2, outperforming the previous reading of 53.9 and market consensus. Although exports and backlogs of work supported a steady expansion in output, input cost inflation hit a five-month high, prompting businesses to become more conservative about their future outlook.

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AI Data Insight

Germany's final Manufacturing PMI for October 2026 rose to 54.2, outperforming the previous reading of 53.9 and market consensus. Although exports and backlogs of work supported a steady expansion in output, input cost inflation hit a five-month high, prompting businesses to become more conservative about their future outlook.

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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