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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
GermanyMarkit Manufacturing PMI fell to 57.6 in March 2022
Financial Modeling PrepMonthlyReleased March 2022
Markit Manufacturing PMI fell to 57.6 in March 2022, down 0.8 from February's 58.4 reading. The reading matched the 55.8 consensus. Markit Manufacturing PMI has now declined for 5 consecutive months. Over the past 3 months, Markit Manufacturing PMI averaged 58.92, vs 57.97 in the prior 3-month window. The reading is in the 16th percentile of the trailing 24-month range.
Latest Release
57.6
Actual
55.8
Consensus
58.4
Previous
The March 2022 reading fell from the previous value of 58.4. Historically, this indicator is positively correlated with DAX (Bullish DE) and positively correlated with EUR/USD (Bullish EUR).
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Markit Manufacturing PMI - DE
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