Germany services pmi


Germany services pmi: 52 (-2.07%)
Last Update: July 31, 2024

Germany services pmi closed down 52 as of July 31, 2024 from 53.1 from the previous month and 52.3 from last year.


Germany services pmi Analytics & Data




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Germany services pmi

DateValues
2024-07-31 52
2024-06-30 53.1
2024-05-31 53.2
2024-04-30 53.2
2024-03-31 50.1
2024-02-29 48.3
2024-01-31 47.7
2023-12-31 49.3
2023-11-30 49.6
2023-10-31 48.2
2023-09-30 50.3
2023-08-31 47.3
2023-07-31 52.3
2023-06-30 54.1
2023-05-31 57.2
2023-04-30 56
2023-03-31 53.7
2023-02-28 50.9
2023-01-31 50.7
2022-12-31 49.2
2022-11-30 46.1
2022-10-31 46.5
2022-09-30 45
2022-08-31 47.7

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Germany services pmi Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
services pmide.servpmi52.053.1-2-1UPDown542024-07-31

Germany services pmi Factors

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Germany services pmi Historical Data

The MacroVar database offers free access to historical data for the Germany services pmi, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Germany services pmi data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Germany services pmi

Germany services PMI, or Purchasing Managers' Index, measures the performance of the services sector in Germany by surveying purchasing managers in the industry. A PMI above 50 indicates expansion in the sector, while a PMI below 50 indicates contraction. The Germany services PMI is an important economic indicator as the services sector is a significant driver of the country's economy. A higher PMI suggests growth and positive economic conditions, while a lower PMI may indicate economic slowdown or contraction in the services sector. Policymakers and investors closely monitor the Germany services PMI to gauge the health of the economy and make informed decisions.