Construction Orders in Germany decreased 8.40 percent in May of 2020 over the same month in the previous year.
Construction Orders in Germany averaged -0.05 percent from 1992 until 2020, reaching an all time high of 23.80 percent in October of 2012 and a record low of -23.20 percent in February of 2005. This page provides the latest reported value for - Germany Construction Orders - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Construction Orders - values, historical data and charts - was last updated on September of 2020. source: Federal Statistical Office
Construction Orders in Germany is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Orders in Germany to stand at 4.00 in 12 months time. In the long-term, the Germany Construction Orders is projected to trend around 4.50 percent in 2021 and 2.20 percent in 2022, according to our econometric models.