Germany Manufacturing Purchasing Managers Index (PMI)

EUR
Actual
42.5
Forecast
42.2
Previous
41.9
Latest Release
May 02, 2024
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
May 23, 2024 (May) 13:00 - 43.2
42.5
May 02, 2024 (Apr) 13:25 42.5 42.2
41.9
Apr 23, 2024 (Apr) 13:00 42.2 42.8
41.9
Apr 02, 2024 (Mar) 13:25 41.9 41.6
42.5
Mar 21, 2024 (Mar) 14:00 41.6 43.1
42.5
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