Germany Manufacturing Purchasing Managers Index (PMI)

EUR
Actual
49.3
Forecast
49.2
Previous
52.0
Latest Release
Aug 01, 2022
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
Aug 23, 2022 (Aug) 13:00 - 50.6
49.3
Aug 01, 2022 (Jul) 13:25 49.3 49.2
52.0
Jul 22, 2022 (Jul) 13:00 49.2 50.6
52.0
Jul 01, 2022 (Jun) 13:25 52.0 52.0
54.8
Jun 23, 2022 (Jun) 13:00 52.0 54.0
54.8
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