The IHS Markit Germany Construction PMI fell to 50.7 in January of 2019 from 53.3 in December. The reading pointed to the slowest growth in construction activity in three months amid severe weather conditions in some parts of the country. Commercial activity led the general slowdown falling the most in almost six years while housing activity increased at a much slower rate. On the positive side, civil engineering recorded a rise in activity for the first time in three months. Order books slowed but remained strong overall; employment and purchasing activity also eased; and average prices paid for building materials and products increased sharply during the month. Although business confidence remained well below the record levels seen in early-2018, it was the strongest in six months, boosted by backlogs of work and hopes for new projects. Construction Pmi in Germany is reported by Markit Economics.

Construction Pmi in Germany is expected to be 54.00 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 53.60 in 12 months time. In the long-term, the Germany Construction Pmi is projected to trend around 52.00 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 -4.10 -0.70 48.30 -38.90 percent [+]
Housing Index 154.18 154.20 154.90 95.50 Index Points [+]
Home Ownership Rate 51.40 51.70 53.40 51.40 percent [+]
Building Permits 22737.00 24016.00 31125.00 9738.00 [+]
Construction Pmi 50.70 53.30 59.80 45.50 [+]
Construction Orders 7.40 9.10 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.70 53.30 59.80 45.50 2013 - 2019 Monthly

Country Last Previous
Australia 43.10 Jan/19
Euro Area 50.60 Jan/19
France 49.50 Jan/19
Germany 50.70 Jan/19
Italy 51.80 Jan/19
United Kingdom 50.60 Jan/19