Germany Manufacturing Purchasing Managers Index (PMI)

EUR
Actual
42.3
Forecast
46.1
Previous
45.5
Latest Release
Feb 22, 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 higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Mar 01, 2024 (Feb) 10:55 - 42.3
45.5
Feb 22, 2024 (Feb) 10:30 42.3 46.1
45.5
Feb 01, 2024 (Jan) 10:55 45.5 45.4
43.3
Jan 24, 2024 (Jan) 10:30 45.4 43.7
43.3
Jan 02, 2024 (Dec) 10:55 43.3 43.1
42.6
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