The IHS Markit Germany Construction PMI came in at 48.2 in December of 2021, slightly higher than 47.9 in the previous month, and pointing to the smallest contraction in the construction sector since February of 2020 when the coronavirus pandemic hit the sector hard. A pick-up in employment also offered some signs of positivity while activity and new orders both showed modest contractions, although rates of decline eased since November. On the cost front, input price inflation remained elevated by historical standards but dipped to a nine-month low amid fewer reports of supply delays. Finally, concerns about rising prices, lingering supply-chain issues, and a lack of tender opportunities continued to dampen business confidence in December. On balance, German constructors remained pessimistic about the year-ahead outlook for activity, albeit slightly less so than in November. source: Markit Economics
Construction PMI in Germany averaged 50.81 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 January of 2022.
Construction PMI in Germany is expected to be 52.00 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 54.40 points in 2023 and 54.10 points in 2024, according to our econometric models.