Construction Pmi in Germany increased to 41.30 points in June from 40.10 points in May of 2020.

Construction Pmi in Germany averaged 51.78 points from 2013 until 2020, 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 August of 2020. source: Markit Economics

Construction Pmi in Germany is expected to be 50.00 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 54.50 in 12 months time. In the long-term, the Germany Construction Pmi is projected to trend around 52.50 points in 2021 and 53.60 points in 2022, according to our econometric models.

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Germany Construction Pmi

Actual Previous Highest Lowest Dates Unit Frequency
41.30 40.10 59.80 31.90 2013 - 2020 points Monthly

News Stream
Germany Construction Sector Shrinks at a Softer Pace
The IHS Markit Germany Construction PMI increased to 40.1 from near record low of 31.9. in April. However, the reading still pointed to a big contraction in construction activity, with the coronavirus pandemic reportedly weighing on inflows of new work and disrupting on-site work. Output and new orders both fell more slowly than in April, as did employment. Elsewhere, the survey showed historically soft cost pressures in the sector, with purchase price inflation easing to the lowest in over five years. Constructors highlighted concerns about potential longer-term repercussions of the pandemic, including a weaker appetite for investment and squeezed council budgets. As such, expectations towards activity over the next 12 months remained in negative territory, albeit with the degree of pessimism easing further from March's 11-plus year low.
Germany Construction Sector Shrinks the Most in Over 10 Years: PMI
The IHS Markit Germany Construction PMI fell to 31.9 in April of 2020 from 42 in March, due to severe disruption caused by the coronavirus. The reading pointed to the sharpest contraction in construction activity since a record drop in February of 2010, when severe bad weather had exacerbated an ongoing slump in activity caused by the global financial crisis. A record drop in new orders and subdued forecasts for the year ahead meanwhile led constructors to deepen cuts to both employment and purchasing activity. Commercial activity recorded a record contraction and work on civil engineering projects decreased to a similar extent, marking its worst performance since February of 2012 (which like February 2010 had also seen particularly bad weather). Homebuilding was more resilient, though the rate of decline was still the fastest in over eight years.
Germany Construction Activity Falls the Most in 7 Years: PMI
The IHS/Markit Germany Construction PMI fell to 42 in March of 2020 from 55.8 in February. The reading pointed to the steepest contraction in the construction sector in seven years, as the coronavirus outbreak caused building site closures and led to a widespread postponement of client orders. Constructors scaled down their workforce numbers for the first time in almost five years. There was also a sharp decrease in purchases of raw materials and other building products by constructors, alongside a reduction in the use of subcontractors. However, amid disruption to supply chains and reports of transport issues (including border checks), constructors faced a marked increase in input lead times. Delivery delays were the worst since October 2017. Finally, business confidence towards future activity was the lowest since the height of the global financial crisis.
Germany Construction Rises the Most in 2 Years: PMI
The IHS Markit Germany Construction PMI jumped to 55.8 in February of 2020 from 54.9 in January, pointing to the strongest growth in construction activity since January of 2018 amid unseasonably mild weather and stronger underlying demand. Homebuilding remained the strongest-performing broad construction category, though commercial activity also increased and the drag from falling civil engineering activity eased. Job creation remained high although new work moderated and price pressures intensified mainly due to a rise in subcontractor charges, linked in part to deteriorating availability. Business confidence improved but remained well below the highs in 2018/19.

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.