PMI Rises to 62.7
The seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – rose from 60.5 in January to 62.7 in February, indicating the sharpest overall improvement in German manufacturing sector business conditions since the survey began in April 1996. Read more
Rapid Increase in Purchasing Costs
The German manufacturing sector started 2011 with a sharp overall improvement in operating conditions, reflecting substantial rises in output, new orders and employment numbers. However, the rising price of raw materials meant that input cost inflation accelerated markedly in January and was the highest in almost fifteen years of data collection. Read more
PMI Signals Resurgent Growth for 2011
November data signalled resurgent growth in the German manufacturing sector, with output and new orders both rising at faster rates than in the previous month. This contributed to a strong pace of job creation, which accelerated to its sharpest since the survey-record high posted in March 2008. Read more
Purchasing Managers’ Index 1.5 Points up
The seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) recovered some of the ground lost. At 56.6 in October, up from 55.1 in the previous month, the PMI was comfortably above the neutral 50.0 mark and higher than the series average (52.0). The robust improvement in the overall performance of the German manufacturing sector was mainly driven by stronger gains in new work. Read more
Purchasing Managers’ Index Loses 3 Points
Signs of a slowdown in the German manufacturing sector were more prominent in September, with output and new business growth both easing sharply since the previous month. Consequently, the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) declined to 55.1 from 58.2 in August. Read more
Purchasing Managers’ Index Three Points Down
Output and new order growth in the German manufacturing sector eased markedly in August. As a result, the purchasing volume dropped to 58.2, from 61.2 in July. Read more
Full Order Books: PMI Rises to 61.2
The German manufacturing recovery gathered momentum in July, as highlighted by a rise in the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) to 61.2, from 58.4 in the previous month. The index has now posted above the neutral 50.0 level for ten successive months. Moreover, the latest reading was the highest for three months and signalled the second-sharpest improvement in operating conditions since the series began in April 1996. Read more
PMI Reflects Robust Economic Growth
The current debt crisis, public savings packages and the continued fall of the euro have not slowed down the German economy. Robust growth in June is reflected by the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index (PMI) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – which was unchanged at 58.4 in June. Read more
Purchasing Managers‘ Index Drops 3.2 Points
May data indicated that output and new order growth both slowed markedly in the German manufacturing sector. As a result, the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index(PMI) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – dropped to 58.4, from a survey-record high of 61.6 in April. Read more
Spring Upswing: Highest in 10 Years
April data indicated that the German manufacturing sector started the second quarter with the strongest improvement in overall operating conditions since the survey began in April 1996. Read more
Purchasing Managers’ Index at 10-Year High
Business conditions in the German manufacturing sector improved sharply in March, with rising levels of global demand contributing to substantial output and new order growth. Read more
Input Costs Rising in December 2009
Output levels in the German manufacturing sector continued to rise at a robust rate in December, extending the current period of expansion to six months. New order volumes also increased, albeit at a slower rate, leading to a further accumulation of unfinished work. An ongoing recovery in client demand resulted in slower job shedding at the end of 2009, with the latest drop in workforce numbers the weakest for fourteen months. However, margins were squeezed in December as price discounting continued, while input costs rose for the first time since October 2008. Read more
Purchasing Managers’ Index Reaches 52.4 Points
German manufacturers recorded the highest rises in output and new orders in more than two years. The Purchasing Managers’ Index (PMI) was at 52.4 in November, up from 51.0 in October, thus indicating the industry’s continued recovery. Read more
New Order Growth
September data indicated that the manufacturing rebound in Germany remained on track, although the latest rise in output was a little more muted than in August. The latest survey also showed that new order growth accelerated to its fastest for a year-and-a-half and backlogs of work stabilised after fourteen consecutive months of decline. The recovery is nonetheless in its early stages, as cost cutting, job cuts and tight management of working capital remained to the fore. Read more
Purchasing Managers’ Index Climbs to 49.2
The Markit/BME Purchasing Managers’ Index (PMI) hit a 12-month high in August, rising 3.5 points from 45.7 to 49.2, just slightly below the growth mark of 50. It was in July 2008 that the index was above 50 points for the last time. Read more
Purchasing Managers’ Index at 8-Month High
The Markit/BME Purchasing Managers’ Index (PMI) rose 1.3 points, to 40.9 points in June. The latest PMI reading was the highest since October 2008, however, it was still below the growth threshold of 50 for the eleventh consecutive month. Read more
Purchasing Managers‘ Index Rose 4.2 Points
The seasonally adjusted Markit/BME Purchasing Managers’ Index (PMI) – designed to give a single-figure snapshot of operating conditions in the manufacturing economy – rose from 35.4 to 39.6 in May, its largest ever one-month gain. Read more
Purchasing Managers’ Index Stops Falling
Germany’s economy has stabilized recently, if only at a very low level. The Markit/BME Purchasing Managers’ Index (PMI), published in March 2009, was up fractionally from 32.0 to 32.1 in the reporting month of February. Values above 50 stand for growth, values below 50 for weakness. Read more
