Germany’s Services PMI fell to 51.7 in October 2026 from 52.9 in September, missing market expectations of 52.5, according to preliminary data. Although activity expanded for a second consecutive month, growth remained modest as demand stagnated amid delayed customer decisions and tighter client budgets. Services firms also reported a renewed decline in outstanding work. Despite easing capacity pressures at the start of the fourth quarter, companies continued to recruit, marking a third consecutive month of employment growth. However, job creation remained marginal and unchanged from September. On the price front, input cost inflation slowed, partly reflecting fuel discounts, while service providers moderated their own price increases amid competitive pressures. Looking ahead, business confidence in the services sector improved to its highest level since February, indicating stronger growth expectations despite subdued demand and limited momentum in current activity. source: S&P Global
Services PMI in Germany decreased to 51.70 points in October from 52.90 points in September of 2026. Services PMI in Germany averaged 52.35 points from 2007 until 2026, reaching an all time high of 61.80 points in July of 2021 and a record low of 16.20 points in April of 2020. This page provides the latest reported value for - Germany Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Services PMI in Germany decreased to 51.70 points in October from 52.90 points in September of 2026. Services PMI in Germany is expected to be 50.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Services PMI is projected to trend around 52.00 points in 2027 and 52.50 points in 2028, according to our econometric models.