Germany: Manufacturing PMI - Final

Macro

2026-06-01

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

Germany's Q2 2026 manufacturing PMI fell sharply to 50.1 from the previous 51.4. Although it narrowly defended the 50 boom-or-bust threshold and beat preliminary market expectations, it has hit a four-month low. Affected by rising costs driven by the Middle East situation and weakening demand, new orders contracted for the first time this year, pressuring short-term recovery momentum.

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AI Data Insight

Germany's Q2 2026 manufacturing PMI fell sharply to 50.1 from the previous 51.4. Although it narrowly defended the 50 boom-or-bust threshold and beat preliminary market expectations, it has hit a four-month low. Affected by rising costs driven by the Middle East situation and weakening demand, new orders contracted for the first time this year, pressuring short-term recovery 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