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.

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Germany Construction PMI


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
48.20 47.90 59.80 31.90 2013 - 2021 points Monthly
SA

Related Last Previous Unit Reference
Construction PMI 48.20 47.90 points Dec/21


News Stream
German Construction Sector Falls the Least since February 2020
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.
2022-01-06
Germany Construction Sector Remains Subdued in November
The IHS Markit Germany Construction PMI edged up to 47.9 in November from 47.7 in the previous month, the highest since August 2020 but still below the 50.0 no-change threshold amid continued disruption to activity from the pandemic, including a reduction in staff availability due to either illness, COVID testing or vaccinations. New orders fell at the quickest rate for three months amid capacity constraints and as higher prices had made it more difficult to secure new work. On the price front, input price inflation eased further from July's all-time peak but still remained among the quickest on record, and subcontractor rates likewise showed a further sharp rise to add to overall cost pressures. Meanwhile, employment continued to show a positive trend, rising for the third month in a row. Looking ahead, confidence slipped to its lowest level since June, weighed on by concerns about the effects of higher prices, lingering supply chain issues, and the direction of the pandemic.
2021-12-06
Germany Construction Sector Remains in Contraction
The IHS Markit Germany Construction PMI edged up to 47.7 in October of 2021 from 47.1 in September, pointing to another contraction in the construction sector as the recent downturns in activity and new orders continued, linked in part by surveyed businesses to material shortages and acute price pressures. On a more positive note, however, work on commercial building projects returned to growth after a protracted decline, while employment also increased slightly. Meanwhile, average prices paid for building materials and products increased steeply again in October, with the rate of inflation among the quickest seen since data collection began in 1999. Concrete, insulation, steel and timber were the items most often reported as up in price. Looking ahead, German constructors were somewhat divided on the outlook for activity.
2021-11-05