German factory activity weakens in May as services improve

[Reichstag in Berlin with german flag]
querbeet

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Germany's S&P Global Manufacturing PMI fell to 49.9 in May 2026, down from 51.4 the month before and below market expectations of 51.0, a preliminary estimate showed.

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The S&P Global Germany Services PMI rose to 47.8 in May 2026 from 46.9 in April, above market expectations of 47.0, flash estimates showed.

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The S&P Global Germany Composite PMI edged up to 48.6 in May 2026 from 48.4 in April, compared to forecasts of 48.4, preliminary estimates showed.

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