---
title: "Germany · HCOB Manufacturing PMI: 54.1 · Aug 21, 2026"
description: "US data, Aug 21, 2026: actual 54.1, forecast 52, previous 52.2 · ABOVE FORECAST. Captured seconds after release with the live Treasury and equity reaction."
source: Helious
canonical: "https://helious.io/news/rel-ev-7171b5e91f80512d/germany-hcob-manufacturing-pmi-54-1"
---

Economic release
              21 Aug 2026, 07:30 UTC



# Germany · HCOB Manufacturing PMI: 54.1




           Actual54.1
           Forecast52
           Previous52.2

               Surprise
               +2.33&#963;

           VerdictABOVE FORECAST
           ReadBunds BEARISH · Equities BULLISH


            Germany · HCOB Manufacturing PMI — Actual 54.1, forecast 52, prev 52.2. Surprise: ABOVE FORECAST by 2.3 sigma. Desk read: Bunds BEARISH · Equities BULLISH.






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