About CMSForex ServicesTrading SoftwareForex EducationForex ResourcesMy Account
www.cmsfx.com
Free Online Forex Course www.cmsfx.com Forex Web Tools www.cmsfx.com

Manufacturing PMI

Main Indicator: Manufacturing PMI

Most Recent Release

July
24th, 2008
Actual Forecast Previous Revised Form
50.9 52.0 52.6 N/A

Advance Estimate for July

Activity in the manufacturing sector in Germany took a step back in July, falling from 52.6 to 50.9, below expectations. The number is still above the 50 level seperating expansion from contraction, but indicates growing concern that the Euro-zone is slowing. Activity in the services sector picked up, a trend not seen in the rest of the Euro-area. 

Table of Past Data

11/212/31/22/13/33/204/235/236/237/24
Actual51.753.753.654.454.354.953.653.552.350.9
Forecast53.552.853.753.654.054.054.853.353.252.0
Previous54.951.753.753.654.454.355.153.653.652.6
Revised FromN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Past Releases

June
23rd, 2008
Actual Forecast Previous Revised Form
52.3 53.2 53.6 N/A
Advance Estimate for June

The Manufacturing sector saw growth slowing in June according to advanced estimates. Expectations were for a lesser deceleration to 53.2, but the strong euro may have had effects reducing German products competitiveness in the global markets.

May
23rd, 2008
Actual Forecast Previous Revised Form
53.5 53.3 53.6 N/A
Preliminary Releaes for May
April
23rd, 2008
Actual Forecast Previous Revised Form
53.6 54.8 55.1 N/A

Preliminary Release for April

Growth in German manufacturing sector declined more than expected, but was countered by an unexpected increase in the services sector. A stronger euro and cooling demand from foreign and domestic sources, and continuing tight credit conditions may weaken the manufacturing sector further in the months to come.   

March
20th, 2008
Actual Forecast Previous Revised Form
54.9 54.0 54.3 N/A
Preliminary Release for March

German manufacturing and services sectors surprised economists who were expecting the index to fall. A deceleration in growth was anticipated because of the rising oil prices and the appreciated euro. The German economy however, stands as one of the the stronger nations in the euro zone as the manufacturing for the entire region slowed, according to the preliminary release for March figures.
March
3rd, 2008
Actual Forecast Previous Revised Form
54.3 54.0 54.4 N/A
For February

German, and Euro-zone PMIs continue to show growth. This has been a welcome indicator that European economies are resilient so far against the slowdown in the US.
February
1st, 2008
Actual Forecast Previous Revised Form
54.4 53.6 53.6 N/A
For January
January
2nd, 2008
Actual Forecast Previous Revised Form
53.6 53.7 53.7 N/A
For December
December
3rd, 2007
Actual Forecast Previous Revised Form
53.7 52.8 51.7 N/A
For November.

German manufacturing activity increased more than expected in November.
November
2nd, 2007
Actual Forecast Previous Revised Form
51.7 53.5 54.9 N/A

www.cmsfx.com