The S&P Global Germany Construction PMI fell to 43.7 in July of 2022, down from June's 45.9, and pointing to the sharpest contraction since February 2021, with soaring materials prices and sky-high interest rates denting demand for building work. Activity declined in all major sectors, commercial segment, residential building, and Civil engineering, with inflows of new orders remaining in sharp decline. Finally, constructors' expectations for activity in the coming year plunged to one of their lowest levels in over 20 years. source: Markit Economics

Construction PMI in Germany averaged 50.68 points from 2013 until 2022, 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 2022.

Construction PMI in Germany is expected to be 51.00 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.

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Germany Construction PMI



Related Last Previous Unit Reference
Construction PMI 43.70 45.90 points Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
43.70 45.90 59.80 31.90 2013 - 2022 points Monthly
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News Stream
Germany Construction Activity Contracts Further
The S&P Global Germany Construction PMI fell to 43.7 in July of 2022, down from June's 45.9, and pointing to the sharpest contraction since February 2021, with soaring materials prices and sky-high interest rates denting demand for building work. Activity declined in all major sectors, commercial segment, residential building, and Civil engineering, with inflows of new orders remaining in sharp decline. Finally, constructors' expectations for activity in the coming year plunged to one of their lowest levels in over 20 years.
2022-08-04
Germany Construction Sector Shrinks for 3rd Month
The S&P Global Germany Construction PMI came in at 45.9 in June of 2022, little changed from 45.4 in May, and pointing to a third consecutive month of falling construction activity, amid heightened economic uncertainty, rising building costs and higher interest rates. Supply chains remained stretched, whilst the rate of input price inflation was historically elevated, although pressures did ease somewhat on both fronts. Expectations for activity in the coming year remained pessimistic.
2022-07-06
Germany Construction PMI Slumps to Lowest Since August
The S&P Global Germany Construction PMI fell sharply to 45.4 in May of 2022 from 46.0 in April, pointing to the second consecutive contraction in the construction sector since last August. There were decreases in activity across all three broad construction categories, with firms noting that persistent supply-chain bottlenecks and a declining intake of new work dampened activity. At the same time, another sharp rise in the cost of building materials and higher interest rates were both headwinds to demand. Meanwhile, input costs continued to increase to levels not seen since last year’s survey-record highs, while back-to-back decreases were recorded in employment. Finally, business expectations were at their lowest since the initial COVID shutdowns in the spring of 2020, weighed down by concerns over acute price pressures, material shortages, and greater client caution due to the uncertain economic environment.
2022-06-07