The HCOB Germany Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 420 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Or...
The HCOB Germany Services PMI rose to 51.2 in December 2024, up from 49.3 in November and slightly exceeding preliminary estimates of 51. The latest reading signaled a return to growth in the services sector after a brief contraction but reflects fragile improvement amid ongoing challenges. New ...
The Purchasing Managers' Index(R) (PMI(R)) survey methodology has developed an outstanding reputation for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices. The indices...
Lower gas flows sparked warnings this week that Germany could fall into recession if Russia supplies halted altogether. S&P Global’s flash Purchasing Managers’ Index (PMI) on Thursday showed the economy losing momentum in the second quarter. “We must not fool ourselves: The cut in ga...
In Germany, the HCOB flash composite purchasing manager's index (PMI), measuring business activity across both sectors, fell from 48.4 in August to 47.2 in September, a seven-month low and below expectations of 48.2. In France, meanwhile, the composite PMI hit an eight-month low of 47.4 i...
their future. The figures on Friday morning showed activity growing in France at its fastest pace since May 2011. At the same time, there was a slight moderation in Germany, mainly in the services sector where its PMI (purchasing managers' index) fell from 55.6 in March to 54.7 in April....
The S&P Global Manufacturing Purchasing Managers’ Index, or S&P Global PMI, found that Germany’s manufacturing activity dropped to 47.8 in September, from 49.1 in August. The survey said the drop in factory output was due to customers either putting off or canceling orders because of fast-risi...
Analysts at Oxford Economics said the fall in the Ifo Business Climate Index came as no surprise but added it could be seen as a positive after a string of negative indicators in past weeks, not least last week’s flash manufacturing PMI index for August, which showed Germa...
However, the outlook for the coming months has dimmed as the PMI for manufacturing dropped below the growth threshold of 50 to a three-month low of 49.0 in March, due largely to external uncertainties constricting business investment. In addition, exports unexpectedly fell by 1.5% (m-o-m) ...
There is nothing more obvious about the deterioration of the euro area's economic situation than the euro area PMI. It can be seen from the purchasing managers index of the euro area that the core countries of the euro area, France and Germany, are becoming more and more different from oth...