The S&P Global Germany Construction PMI edged up to 42.4 in May 2026 from 42.1 in April, remaining in contraction territory for a fifth straight month. The downturn was broad-based, with housing activity falling the most, followed by commercial construction, while civil engineering output declined for the first time in seven months. New orders continued to fall sharply, though at a slightly slower pace than in April, as firms cited reduced tender opportunities and a wait-and-see approach from customers. Supply conditions worsened further, with delivery times lengthening at the fastest pace since July 2022 due to logistics disruptions and shortages. Employment declined for a fourth consecutive month, alongside reduced subcontractor use and lower purchasing activity. On prices, input cost inflation stayed close to April’s 47-month high, driven by higher energy and oil-based material prices. Sentiment remained deeply pessimistic, with expectations still among the weakest in over a year. source: S&P Global

Construction PMI in Germany increased to 42.40 points in May from 42.10 points in April of 2026. Construction PMI in Germany averaged 48.08 points from 2013 until 2026, reaching an all time high of 59.80 points in January of 2018 and a record low of 31.90 points in April of 2020. This page provides - Germany Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction PMI in Germany increased to 42.40 points in May from 42.10 points in April of 2026. Construction PMI in Germany is expected to be 42.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Construction PMI is projected to trend around 50.50 points in 2027 and 52.60 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Building Permits 16938.00 17605.00 Units Apr 2026
Construction Orders -7.70 9.80 percent Mar 2026
Construction Output 2.60 0.40 percent Apr 2026
Home Ownership Rate 47.20 47.20 percent Dec 2025
House Price Index YoY 1.50 1.90 percent May 2026
Housing Index 221.83 221.58 points May 2026
Price to Rent Ratio 130.19 129.89 Dec 2025
Residential Property Prices 3.03 3.09 Percent Dec 2025


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 is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
German Construction Sector Remains Weak
The S&P Global Germany Construction PMI edged up to 42.4 in May 2026 from 42.1 in April, remaining in contraction territory for a fifth straight month. The downturn was broad-based, with housing activity falling the most, followed by commercial construction, while civil engineering output declined for the first time in seven months. New orders continued to fall sharply, though at a slightly slower pace than in April, as firms cited reduced tender opportunities and a wait-and-see approach from customers. Supply conditions worsened further, with delivery times lengthening at the fastest pace since July 2022 due to logistics disruptions and shortages. Employment declined for a fourth consecutive month, alongside reduced subcontractor use and lower purchasing activity. On prices, input cost inflation stayed close to April’s 47-month high, driven by higher energy and oil-based material prices. Sentiment remained deeply pessimistic, with expectations still among the weakest in over a year.
2026-06-04
German Construction Activity Contracts the Most in Over a Year
The S&P Global Germany Construction PMI plunged to 42.1 in April 2026, a sharp drop from 48.0 in March and the lowest level since March 2025. The steep decline in total activity at the start of Q2 was driven by the housing sector, where residential project work fell at the fastest pace in over a year. Commercial activity also suffered its steepest contraction in 17 months, while civil engineering activity remained virtually flat after five consecutive months of growth. New orders fell at the fastest rate in more than a year, and job cuts accelerated to their quickest pace since May 2025, with firms blaming customer hesitancy, weak economic conditions, and persistent price pressures. Input cost inflation reached its highest since May 2022, and supplier delivery times lengthened the most since July 2022, largely due to disruptions from the Middle East war.
2026-05-07
German Construction Downturn Eases
The S&P Global Germany Construction PMI rose to 48.0 in March 2026 from 43.7 in February, signaling a slower contraction in total activity. Housing activity fell at its shallowest rate so far this year, while civil engineering expanded at an accelerated pace. Commercial construction remained the weakest segment, with only a slight easing in its decline. Employment and purchasing also dropped more slowly than in February. Meanwhile, new orders fell at the fastest pace since July 2025, reflecting softer demand and cost pressures linked to the Middle East conflict. Input price inflation jumped to a record monthly increase, the highest since October 2022, driven by higher energy, fuel, and transport costs. Supply chain delays worsened, with building material lead times at their longest in almost three-and-a-half years. Business expectations fell sharply, turning negative for the first time in 2026, as constructors cited rising costs and weaker demand as major concerns.
2026-04-08