Germany: Purchasing Managers Index (PMI), composite
* indicates monthly or quarterly data series
| Germany |
Purchasing Managers Index (PMI), composite |
|---|---|
| Latest value | 47.8 |
| Reference | November 2023 |
| Measure | index points |
| Data availability | July 2017 - November 2023 |
| Average | 51.71 |
| Min - Max | 17.4 - 62.4 |
| Source | Markit Economics |
For that indicator, we provide data for Germany from July 2017 to November 2023. The average value for Germany during that period was 51.71 index points with a minimum of 17.4 index points in April 2020 and a maximum of 62.4 index points in July 2021.
Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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* indicates monthly or quarterly data series
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Measure: index points
Source: Markit Economics
Source: Markit Economics
Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies.
The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.
| Related indicators | Latest value | Reference | Measure |
|---|---|---|---|
| Industrial production | -4.40 | 9/2023 | percent |
| Retail sales | 111.70 | 9/2023 | index points |
| Retail sales Y-on-Y | -3.54 | 9/2023 | percent |
| House price index | 193.60 | Q3/2022 | index point |
| Real residential property prices Y-on-Y change | -2.77 | Q3/2022 | percent |
| Business confidence survey | -12.30 | 9/2023 | points |
| Consumer confidence survey | -15.80 | 9/2023 | points |
| Purchasing Managers Index (PMI), composite | 46.40 | 9/2023 | index points |
| Purchasing Managers Index (PMI), manufacturing | 39.60 | 9/2023 | index points |
| Purchasing Managers Index (PMI), services | 50.30 | 9/2023 | index points |