The IHS Markit Construction PMI for Germany increased to 47 in June of 2021 from 44.5 in May but still remained below 50 pointing to a sharp contraction in the construction sector. Supply bottlenecks continued to contribute to further declines in output and new orders, as firms struggled to source materials and demand was impacted by surging price pressures. Employment remained in decline, as did the availability of sub-contractors. With many of these brakes on output expected to continue, constructors maintained a negative outlook for future activity. source: Markit Economics

Construction PMI in Germany averaged 51.05 points from 2013 until 2021, 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. Germany Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Construction PMI in Germany is expected to be 53.20 points 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 54.00 in 12 months time. In the long-term, the Germany Construction PMI is projected to trend around 54.50 points in 2022 and 53.60 points in 2023, according to our econometric models.

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Germany Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
47.00 44.50 59.80 31.90 2013 - 2021 points Monthly
SA


News Stream
Germany Construction Sector Continues to Shrink
The IHS Markit Construction PMI for Germany increased to 47 in June of 2021 from 44.5 in May but still remained below 50 pointing to a sharp contraction in the construction sector. Supply bottlenecks continued to contribute to further declines in output and new orders, as firms struggled to source materials and demand was impacted by surging price pressures. Employment remained in decline, as did the availability of sub-contractors. With many of these brakes on output expected to continue, constructors maintained a negative outlook for future activity.
2021-07-06
Germany Construction PMI Points to 15th Month of Contraction
The IHS Markit Germany Construction PMI edged down to 44.5 in May of 2021 from 46.2 in April, pointing to a steeper contraction in the construction sector due to increased disruption from supply chain bottlenecks. Activity fell at the fastest rate for three months, amid unprecedented reports of longer lead-times on building materials and products, as well as a sustained downturn in inflows of new work. Widespread shortages of construction inputs meanwhile led to a sharp increase in purchase prices, with the rate of inflation at a new record high. Concerns towards the prospect of forced downtime on site and a threat to demand from price increases saw constructors' expectations for future activity turn more pessimistic.
2021-06-04
German Construction Sector Shrinks at Faster Pace
The IHS Markit Germany Construction PMI fell to 46.2 in April of 2021 from 47.5 in the previous month. The reading pointed to the 14th consecutive month of falling construction activity. Supply bottlenecks worsened across Germany's construction sector, with unprecedented delays in the receipt of building materials and products, alongside a sharp acceleration in the rate of input cost inflation to a survey-record high. This added to a continued downturn in total industry activity, as constructors recorded an ongoing reduction in demand for new building work. Finally, expectations for activity over the coming year dropped from a 13-month high to the weakest in 2021 so far.
2021-05-06
Germany Construction PMI at 7-Month High
The IHS Markit Germany Construction PMI increased to 47.5 in March of 2021 from 41 in February, the highest reading in 7 months as the downturn in Germany's construction sector eased. The latest reading was the second-highest since the start of the coronavirus pandemic behind that seen last August. However, it also highlighted growing pressure on supply chains, with the lack of availability across a range of key building materials and products pushing up purchase prices to the greatest extent since mid-2008. Several firms reported continued bad weather during March, alongside delays caused by long wait times on planning permissions and a soft patch in demand. As such, there were further slower declines in activity across each of the three broad construction categories monitored. Finally, latest data showed an improvement in constructors' expectations towards future activity to a 13-month high.
2021-04-08

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.