BUZ INVESTORS Germany Manufacturing PMI The flash Markit/BME Germany manufacturing PMI declined to 58.2 in April of 2017 from 58.3 in the previous month while above market expectations of 58. New orders and the rate of job creation growth eased slightly and the rise in backlogs was the weakest since January. Also, cost pressures moderated for the first time since August 2016. Manufacturing PMI in Germany averaged 51.22 from 2008 until 2017, reaching an all time high of 62.70 in February of 2011 and a record low of 32 in January of 2009.
Germany Manufacturing PMI
Manufacturing PMI in Germany is reported by Markit Economics. The Markit/BME Germany Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 500 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for – Germany Manufacturing PMI – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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