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IHS Markit / BME purchasing managers index

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1 IHS Markit / BME Purchasing Managers' Index be o r p e s Le 12 Price indices: Purchase and sales prices Incoming orders and order backlog Inventory of finished goods and primary materials n e t BMEnet GmbH

2 IHS Markit / BME Purchasing Managers Index (EMI) The IHS Markit / BME Purchasing Managers Index is a proven early indicator for economic development in Germany. The trend in overall economic development can be accurately identified from it well in advance. The purchasing decision-maker benefits above all from the differentiated market indicators that make up the PMI. Whether for negotiations, for reporting to the management or for the supply of the employees in the purchasing departments - the market indicators of the EMI offer a well-founded database. The IHS Markit / BME Purchasing Manager Index offers you a monthly overview of 12 price indices: Development of incoming orders and order backlog Inventory of finished goods and primary materials Development of purchase and sales prices as well as the purchased quantity Information on production output, delivery times and employment. The overviews of: Articles with delivery problems Products that are more expensive on the market Products that are more affordable on the market are also particularly valuable. The results are based on the monthly survey of around 0 purchasing managers and managing directors in the manufacturing industry in Germany. This ensures the representativeness and comparability of the data. The IHS Markit / BME Purchasing Managers Index appears monthly and can be requested as an annual subscription for a fee. Andreas Hermann Head of Benchmark Services BMEnet GmbH IHS Markit / BME Purchasing Manager Index

3 October 2, 17 IHS Markit / Federal Association for Materials Management, Purchasing and Logistics IHS Markit / BME Purchasing Manager Index Strongest growth in German industry in September since the beginning of 11 a s s o c i a t i o n The Association for Supply Chain Management, Procurement and Logistics The Federal Association for Materials Management, Purchasing and Logistics e.v. (BME), founded in 1954, is a service provider for around 90 individual and corporate members, including medium-sized companies and the top 0 companies in Germany. As a network designer, the BME promotes the exchange of experience for companies and science, for the procurement and for the supplier side. The association is open to all industries, types of companies and sectors (industry, trade, banks / insurance companies, public clients, service providers, etc.). Federal Association of Materials Management, Purchasing and Logistics e.v. (BME) Bolongarostraße Frankfurt / Main Frank Rösch Head of Press and Communication Tel: 069 / Fax: 069 / Internet: The Purchasing Managers Index (EMI) is created by IHS Markit in cooperation with the BME. The report is based on surveys among a representative selection of around 0 German industrial companies. German industry grew more strongly in September than it has done in over six years. Production and employment increased even more than in August. Record-breaking delivery times, however, indicate significant delivery difficulties, and the increase in purchase prices has also accelerated significantly. The seasonally adjusted IHS Markit / BME Purchasing Managers Index improved by 1.3 points compared to August and reached the highest value since April 11. At 6, the main PMI index is made up of the sub-indices incoming orders, production, employment, delivery times and raw material stocks and reflects the result of the September survey on the economic situation in Germany's industry was reflected in a value. Production expanded even more in the month under review than in August, especially in the intermediate goods segment. But also in the consumer and capital goods sector, considerably more was produced than recently. In September, however, the main impetus for growth came from incoming orders. Here the companies posted a higher plus than in the two previous months, not least because of the persistently robust export demand. This time, a particularly large number of new export orders came from Asia, according to the respondents. Vain sunshine also at the IHS Markit / BME Purchasing Manager Index (EMI) Employment: On balance, the companies hired as many new employees in September as they last hired in May 11. Despite this, capacities were still under enormous pressure, which was the strongest increase in order backlogs made clear for over seven years. As a result of the high production requirements, the pressure on suppliers increased. This could be seen from the fact that the average delivery times were longer than seldom before since the start of the survey past four months. The high cost pressure and the tense demand situation prompted companies to raise their sales prices more sharply than they have been since the middle of the 11th century. Due to delivery problems and bottlenecks, the buyers again increased their safety stocks in September. Since the companies could hardly keep up with the high demand, stocks of finished goods dwindled for the fifth time in a row. The business outlook for the year was even more optimistic than in August. Summary = no change in the indices compared to the previous month (seasonally adjusted, = no change increasing growth rate compared to the previous month) IHS Markit Angela Grobler Henley on Thames RG9 1HG, UK Tel: Fax: The group of purchasing manager indices is calculated by IHS Markit, an independent market research institute . These are the result of national surveys around the world that provide valued and proven economic indicators. The IHS Markit / BME Purchasing Managers Index is available as an annual subscription from IHS Markit. Increasing economic slowdown Summary of the indices (seasonally adjusted, = no change compared to the previous month) order orders. Order Stock Employment Sales Purchasing Delivery Purchasing Stock Out EMI performance incoming export stock finished goods production prices prices times quantity raw material view Jul 'Aug Sep The IHS Markit / BME Purchasing Managers Index (EMI) is an overall index that represents a general Provides an overview of the economic situation in the industry. It is an important indicator for the entire economy. The index is derived from the individual indices of performance, incoming orders, employment, delivery times and stock of raw materials, which reflect the respective change over the previous month. A quotation of the EMI below the reference line of indicates that business in the industry contracted compared to the previous month, values ​​above indicate growth. A value of means no change compared to the previous month. The greater the deviation from the reference line, the greater the change.

4 IHS Markit / BME Purchasing Manager Index Index Performance 17 Apr May Jun Jul Aug Sep Please compare your production / performance with the situation of the previous month. = No change compared to the previous month Increasing rate of increase Increasing decline in production Production expanded more strongly in September than it has been in almost six and a half years. The front-runner was again the intermediate goods sector, but the other two industrial sectors also produced considerably more than in August. Incoming orders index, total 17 Apr May Jun Jul Aug Sep Please compare the status of incoming orders with that of the previous month. = No change compared to the previous month Increasing order situation Increasing decline in orders In terms of incoming orders, German industrial companies recorded the second-highest increase since April 11 in the month under review, only exceeded by the increase in June of this year. Index of incoming orders for export 17 Apr May Jun Jul Aug Sep Please compare the status of the export orders with that of the previous month. = No change compared to the previous month Increasing order situation Increasing decline in orders As had been the case since the beginning of the year, there was a strong demand impulse from the export markets in September. The bottom line was that the increase in export orders was somewhat lower than in August, but it remained above average. Industrial products made in Germany were particularly popular in Asia in the month under review. Index order backlog 17 Apr May Jun Jul Aug Sep Please compare the order backlog with that of the previous month. = No change compared to the previous month Increasing order backlog Decreasing order backlog The strongest increase in order backlogs since April 10 shows that capacity pressure in German industry has remained exceptionally high. Index finished goods store 17 Apr May Jun Jul Aug Sep Please compare the quantity of the finished product stored with that of the previous month. = No change compared to the previous month Increasing growth rate Increasing decline Due to the good sales development and capacity bottlenecks in production, numerous companies felt compelled to meet the demand directly from the finished goods warehouse. This is one of the main reasons why these stocks decreased for the fifth time in a row, albeit a little more slowly than before. 2

5 October 2, 17 Employment index 17 Apr May Jun Jul Aug Sep Please compare the number of employees with that of the previous month. = No change compared to the previous month Increasing employment rate Increasing decline in employment The strong surge in orders resulted in the strongest increase in employment since May 11th. Most of the new jobs this time were created in the capital goods sector, closely followed by the intermediate goods sector. Index sales prices 17 Apr May Jun Jul Aug Sep Please compare the sales prices with those of the previous month. = No change compared to the previous month Increasing price increase Increasing price decrease The increase in sales prices accelerated for the second month in a row and was more pronounced than it has been for over six years. The decisive factor for this was the rapid rise in costs that the companies tried to pass on to their customers. Index purchase prices 17 Apr May Jun Jul Aug Sep Please compare the purchase prices with those of the previous month. = No change compared to the previous month Increasing price increase Increasing price decrease The cost increase reached a five-month high and was stronger than the previous annual average. According to those surveyed, not only chemicals, but also energy and numerous metals, including aluminum, copper, brass and steel, have become more expensive. Index delivery times Shorter Equal Longer Net Index Seasonal 17 Apr May Jun Jul Aug Sep Please compare the delivery times of your suppliers with those of the previous month. = No change compared to the previous month Shorter delivery times Longer delivery times The delivery times have been extended more drastically than seldom before since the survey began in the year. Only in the aftermath of the financial crisis between April 10 and April 11 was the extent of the extension even greater. A good 37% of those surveyed were faced with delivery problems in September. Index Purchased quantity 17 Apr May Jun Jul Aug Sep Please compare the quantity of the purchased material with that of the previous month. = No change compared to the previous month Increasing growth rate Increasing decline The purchase volume increased as strongly as it was last almost six and a half years ago. The companies reported an extremely brisk purchasing activity in both the consumer and intermediate goods and capital goods sectors. 3

6 October 2, 17 Index of raw material stock 17 Apr May Jun Jul Aug Sep Please compare the quantity of the stored supply material with that of the previous month. = No change compared to the previous month Increasing growth rate Increasing decline Especially because, according to the managers surveyed, there were also hamster purchases against the background of delivery difficulties and bottlenecks, the stocks of raw materials (raw materials and semi-finished products) increased as quickly as last nine months ago. Index Annual Outlook 17 Apr n / a May n / a Jun n / a Jul n / a Aug n / a Sep n / a Assessment of the business outlook (production volumes) in 12 months. = No change in 12 months Increasingly optimistic business expectations Increasingly pessimistic business expectations The business outlook over the year was even more optimistic in September than in the two previous months. The corresponding index is currently only just below the record high of the beginning of 14. Almost% of those surveyed expect that the current growth trend will continue. Some, on the other hand, see the market as becoming increasingly saturated and assume that the high level cannot be maintained. Explanations The present report is based on monthly data collection, which takes the form of a questionnaire, which is answered by purchasing managers or managing directors of approx. 0 different companies in the manufacturing industry. The participants in the survey were compiled according to both geographical and branch (branch of industry) criteria. It is based on the regional, proportional contribution of the companies to the gross domestic product. The survey results show the changes in the reporting month compared to the previous month in the EMI (IHS Markit / BME Purchasing Manager Index). The basis of the evaluation is always the middle of the month. The EMI is made up of a total of five individual indices with the following weighting: Index new orders 0.3, index performance 0.25, index employment 0.2, index delivery times 0.15, index raw material warehouse 0.1 About IHS Markit As one of the world market leaders in its sector, IHS Markit (Nasdaq: INFO) delivers Companies in the most important economic sectors and markets, financial institutions and governments provide information, analyzes and solutions that are critical to the future and critical for success. In this way, we increase their operational efficiency and enable knowledge-based, safe and confident decisions. IHS Markit customers include over,000 of the most influential companies, including 85 About Markit Economics Markit Economics is a specialist provider of business surveys and indicators. This also includes the Purchasing Managers' Index (PMI), which is calculated in over countries and key markets including the Eurozone on the basis of monthly surveys for each of these countries. Due to their topicality and reliability, the purchasing manager indices enjoy licensing rights from central banks and decision-makers. IHS Markit holds all license and ownership rights to the IHS Markit / BME purchasing manager index. Any kind of use of the information contained herein, including its reproduction and distribution, is only permitted with the prior consent of IHS Markit. Markit assumes no liability or guarantee for the information or its correctness, completeness and accuracy, as well as for delays - the index includes delivery times with the opposite sign when calculating the indicator. The index (derived from the American PMI) is created to provide a general overview of the economic situation in the manufacturing industry. It is a leading indicator for the entire economy. The individual diffusion indices are useful evaluation criteria that indicate current changes in direction at an early stage. A listing of the overall index (EMI) above 0 signals growth in this metric, below 0 a decline. The data are seasonally adjusted based on the US Bureau of the Census X11 program. The unadjusted original data are generally not subject to revision after their initial publication. The seasonally adjusted data, on the other hand, can be revised if necessary based on updated seasonal adjustment factors. Percent of Fortune Global 0 companies and the world leaders in financial institutions and government organizations. IHS Markit, headquartered in London, is geared towards sustainable, profitable growth. IHS Markit is a registered trademark of IHS Markit Ltd. All other company and product names may be trademarks of their respective owners 17 IHS Markit Ltd. be. high reputation in the economy and on the global financial markets. In many countries, no other comparable economic data is available apart from the purchasing managers' indices. For more information, please contact: Tel: the publication dates or for losses that could arise from the use of the information. EMI, Purchasing Managers 'Index, PMI and Purchasing Managers' Index are trademarks or registered trademarks or are licensed by Markit Economics Limited. IHS Markit is a registered trademark of IHS Markit Limited. 4th

7 Purchasing in September The data listed below refer to the purchase prices for all of the basic materials to secure production. The industries (standardization codes) that detected a change are shown in the table below.Example: in the table Products more expensive on the market under the heading `` Metals '' you will find the product steel, 15/16 food, beverage & tobacco industry 17 textile industry 18 shoe & clothing industry 19 leather & leather goods wood & furniture industry 21 paper & paper products 22 Printing & Publishing Industry Metals Metals, in general 28 Aluminum 15,29,, 31,34 Copper 29 Stainless steel 29,31 Cobalt 24 Copper 29,31,34 Brass 31,33,36 Nickel 29 Pig iron 28 Steel 26,28,29, , 34 Insulated steel 31 Tungsten 27 Metal products Semi-finished aluminum products 29 Articles containing aluminum 34 Aluminum products 34 Aluminum profiles 26,29 Sheets (e.g. since we reproduce the respondents' reports uncensored, it can happen that products are listed as both more expensive and cheaper This results from the current market situation as well as the different types of purchasing of the companies and is not subject to the control or influence of IHS Markit Equipment 31 Electrical Industry 32 Radio, TV & Communication 33 Precision Engineering 34 Automotive Industry & Suppliers 35 Other Transportation 36/37 Other Industries Products more expensive on the market (key number of industries from 1992) Rubber Tires 34 Fuels & Energy Energy, general 24 Diesel 15 Gas 31 Gases 29 Electricity 31 Technical gases 34 Various chrome ore sand 28 Cuphin 36 Disposal 28 Windows made of PMMA 34 Refractory bricks 27 Catalog parts 29 Air freight 31 MRO 34 Standard standard and list parts 29 Raw materials 27,29,34 Raw materials from China & USA (due to the Hurricane) 24 tools 29

8 Request form Fax reply to +49 (0) IHS Markit / BME Purchasing Manager Index (EMI) EMI subscription price (annual, 12 issues): 490, - plus VAT. Salutation: Ms. Mr. Last name: First name: Function: Company: Address : Tel .: Fax: BME membership number: Industry: Turnover (in millions): Company size (number of employees): We hereby request a binding annual subscription to the IHS Markit / BME Purchasing Manager Index (with 12 issues). A full calendar year is always calculated. If you order in the course of the year, a rump invoice will be created. (Notice period: eight weeks before the end of the year) Date and signature: Contact person Andreas Hermann Head of Benchmark Services BMEnet GmbH Bolongarostraße 82, Frankfurt Tel .: Fax: