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Germany Manufacturing Purchasing Managers Index (PMI)

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Germany Manufacturing Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Nov 04, 2024
Actual
43.0
Forecast
42.6
Previous
40.6
The German Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
Importance:
Country:
Currency: EUR
Source: Markit Economics
Germany Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 02, 2024 (Nov) 08:55     42.6
Nov 22, 2024 (Nov) 08:30       43.0
Nov 04, 2024 (Oct) 08:55 43.0 42.6 40.6
Oct 24, 2024 (Oct) 07:30   42.6 40.7 40.6
Oct 01, 2024 (Sep) 07:55 40.6 40.3 42.4
Sep 23, 2024 (Sep) 07:30   40.3 42.4 42.4

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Analysis

German Manufacturing PMI Discussion

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