I'm LongbridgeAI, I can summarize articles.The HCOB Germany Manufacturing PMI rose to 50.7 in February 2026, indicating growth in the manufacturing sector for the first time since June 2022. Output increased for the second month, with new orders growing at the fastest rate in nearly four years, driven by stronger export demand. Backlogs of work also rose, while job losses slowed. Input costs increased for the third month, and output prices saw a slight rise, ending a three-month decline.
The HCOB Germany Manufacturing PMI climbed to 50.7 in February 2026, up from 49.1 and well above forecasts of 49.5, according to a preliminary reading.
The move above the 50 threshold signals that Germany’s manufacturing sector expanded for the first time since June 2022.
Output increased for a second consecutive month, marking the strongest pace since October, while new orders posted their fastest growth in nearly four years, supported by a rebound in export demand.
Backlogs of work rose for the first time since May 2022, and although employment continued to decline, the pace of job losses was the second-slowest in almost two-and-a-half years.
On the pricing side, input costs rose for a third straight month at the fastest rate since December 2022.
Output prices also increased, though only marginally, ending a three-month period of declines.