The IHS Markit Germany Construction PMI fell to 46.3 in August 2019 from 49.5 in July. The latest reading pointed to the steepest contraction in the construction sector since June 2014, as all three categorises recorded a decrease in activity for the 1st time since the snow-related disruption in March last year. Civil engineering work dropped for the 5th straight month and at the strongest rate in almost 1-1/2-years, commercial activity declined at the quickest pace since March 2013 and work on housing projects returned to contraction after a rise in July. Also, new orders went down for the 4th consecutive month and at the sharpest since July 2014 and the job creation rate rose at the softest pace in ten months. Additionally, purchasing activity fell for the second time in over four years. On the price front, input cost inflation eased to its lowest level since August 2016. Finally, expectations dropped to its lowest since October 2015, amid concerns regarding a sustained slowdown. Construction Pmi in Germany is reported by Markit Economics.

Construction Pmi in Germany is expected to be 50.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Pmi in Germany to stand at 52.90 in 12 months time. In the long-term, the Germany Construction Pmi is projected to trend around 52.50 in 2020, according to our econometric models.

Germany Construction Pmi
Forecast Data Chart
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Germany Housing Last Previous Highest Lowest Unit
Construction Output 1.00 -1.00 48.30 -38.90 percent [+]
Housing Index 163.30 161.72 163.30 95.50 Index Points [+]
Home Ownership Rate 51.40 51.70 53.40 51.40 percent [+]
Building Permits 24690.00 26724.00 31125.00 9738.00 [+]
Construction Pmi 46.30 49.50 59.80 45.50 [+]
Construction Orders 4.40 -2.10 23.80 -23.20 percent [+]

Germany Construction Pmi

The Germany Construction Purchasing Managers’ Index® is based on original survey data collected from a representative panel of over 200 companies based in the German construction sector. Data are collected at mid-month, asking respondents to compare a variety of construction conditions with the situation one month ago. A reading of below 50.0 indicates that the construction activity is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This page provides - Germany Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Construction Pmi - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
46.30 49.50 59.80 45.50 2013 - 2019 Monthly

Country Last Previous
Australia 44.60 Aug/19
Euro Area 49.10 Aug/19
France 52.60 Aug/19
Germany 46.30 Aug/19
Italy 48.10 Aug/19
United Kingdom 45.00 Aug/19