Live Updates > Live Update Details
2026-11-04 17:28:27
[Germany's October Composite PMI Revised Up to 53.4, Manufacturing Growth Accelerates] ⑴ In October 2026, the S&P Global Germany Composite PMI was revised upward to 53.4 from the initial reading of 52.8, slightly lower than the 11-month high of 53.8 in September. ⑵ The data shows that growth in Germany's private sector slowed slightly but remained robust, with service sector activity weakening (52.5, previous value 52.9) and manufacturing growth accelerating (54.2, previous value 53.9). ⑶ New business growth slowed significantly, service sector demand declined again, and new factory orders growth weakened (although still robust). ⑷ Employment declined for the first time in three months, and business expectations for future output cooled slightly. ⑸ In terms of prices, both input cost and output price inflation rates slowed, with output price inflation falling to its lowest level since March.
