Germany Manufacturing Purchasing Managers Index (PMI)

EUR
Actual
54.7
Forecast
54.0
Previous
54.6
Latest Release
May 24, 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 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
Jun 01, 2022 (May) 09:55 - 54.1
54.7
May 24, 2022 (May) 09:30 54.7 54.0
54.6
May 02, 2022 (Apr) 09:55 54.6 54.1
56.9
Apr 22, 2022 (Apr) 09:30 54.1 54.5
56.9
Apr 01, 2022 (Mar) 09:55 56.9 57.6
57.6
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