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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany S&P Global/BME Manufacturing PMI fell to 56.9 in March 2022
FMPMonthlyReleased April 2022
Germany S&P Global/BME Manufacturing PMI fell to 56.9 in March 2022, released April 2022, down 1.5 from February's 58.4 reading. The reading matched the 57.6 consensus.
Latest Release
56.900000
Actual
57.600000
Consensus
58.400000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| DAX | ▲ Direct | +0.55 | INDEX | Bullish DE | → View |
| EUR/USD | ▲ Direct | +0.50 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/CHF | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global/BME Manufacturing PMI (Germany) was reported at 56.90 in March 2022. This missed the market consensus of 57.60 by 0.70. The reading fell from the previous value of 58.40. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with DAX (Bullish DE). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Consumer Confidence (Jun 25) and Bundesbank Nagel Speech (Jun 26).
Auto-generated from current model state · Refreshes on each release · Last update April 2022.
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S&P Global/BME Manufacturing PMI - DE
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About S&P Global/BME Manufacturing PMI — Germany
DEFINITION
The S&P Global/BME Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in major global economies. It is based on a monthly survey of purchasing managers, providing valuable insights into the health and growth of the manufacturing industry. This indicator is highly regarded by investors, economists, and policymakers as a key barometer of economic activity and can be used to make informed decisions in the financial markets.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2022): actual 56.9, consensus 57.6.
WHAT'S NEXT
This indicator correlates most strongly with DAX (Bullish DE, r=0.55) — a useful reference for index-focused traders.
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Economic Calendar - DE Events
| Tuesday, June 23, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:30 | DE | S&P Global Manufacturing PMI | 50 | 50.1 | 50.5 | 50.25 | High |
| 07:30 | DE | S&P Global Services PMI | 46.8 | 48.1 | 49 | 47.90 | Medium |
| 07:30 | DE | S&P Global Composite PMI | 48 | 48.8 | 49.9 | 48.95 | Medium |
| Thursday, June 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | DE | Consumer Confidence | -29.8 | -27.5 | -28.25 | High | |