---
title: "Germany · HCOB Composite PMI: 51 · Aug 21, 2026"
description: "US data, Aug 21, 2026: actual 51, forecast 51.3, previous 51.3 · BELOW FORECAST. Captured seconds after release with the live Treasury and equity reaction."
source: Helious
canonical: "https://helious.io/news/rel-ev-1dca74e34e35e7af/germany-hcob-composite-pmi-51"
---

Economic release
              21 Aug 2026, 07:30 UTC



# Germany · HCOB Composite PMI: 51




           Actual51
           Forecast51.3
           Previous51.3

               Surprise
               -0.37σ

           VerdictBELOW FORECAST
           ReadBunds BULLISH · Equities BEARISH


            Germany · HCOB Composite PMI — Actual 51, forecast 51.3, prev 51.3. Surprise: BELOW FORECAST by 0.4 sigma. Desk read: Bunds BULLISH · Equities BEARISH.






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