Germany’s manufacturing purchasing managers’ index (PMI) flash reading for October 2026 came in at 54.2, according to S&P Global. The figure was released at 07:30 GMT on 23 October 2026. It was above the market forecast of 53.5.
Comparison with the previous period
The reading was also higher than the previous period’s 53.9. The PMI is a survey of purchasing managers at manufacturing firms, and a reading above 50 generally indicates expansion in factory activity, while a reading below 50 indicates contraction. The flash estimate is a preliminary figure based on a partial sample of survey responses and is typically revised when the final data is published.
The release covers the reference period of October 2026. Economists watch the German manufacturing PMI closely because Germany is the largest economy in the euro area and manufacturing makes up a significant part of its output.
