---
title: "Germany · HCOB Composite PMI: 53.8 · Sep 23, 2026"
description: "US data, Sep 23, 2026: actual 53.8, previous 51.8 · ON THE SCREWS. Captured seconds after release with the live Treasury and equity reaction."
source: Helious
canonical: "https://helious.io/news/rel-ev-3f438a069f291e93/germany-hcob-composite-pmi-53-8"
---

ECONOMIC RELEASE
              23 Sept 2026, 07:30 UTC



# Germany · HCOB Composite PMI: 53.8




           Actual53.8
           Previous51.8


           VerdictON THE SCREWS
           ReadBunds BEARISH · Equities BEARISH (rates-driven tape)


            Germany · HCOB Composite PMI: Actual 53.8, prev 51.8. ON THE SCREWS. Desk read: Bunds BEARISH · Equities BEARISH (rates-driven tape).






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