The IHS Markit Germany Construction PMI dropped for a third straight month to 50.0 in June 2019 from 51.4 in the previous month, signalling a sustained loss of momentum in the construction sector. That was the lowest reading since October last year, as house building activity contracted for the first time in eight months and work on civil engineering projects decreased for a third straight period. The amount of new orders placed with constructors fell the most since September 2015, while the rates of job creation and buying activity accelerated. On the price front, input cost inflation ticked up from May's 13-month low and sub-contractor charges rose at a faster pace. Expectations towards future output remained positive, amid strong underlying demand and low interest rates. Construction Pmi in Germany is reported by Markit Economics.

Construction Pmi in Germany is expected to be 53.80 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 52.50 in 2020, according to our econometric models.

Germany Construction Pmi
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Germany Housing Last Previous Highest Lowest Unit
Construction Output 0.10 5.50 48.30 -38.90 percent [+]
Housing Index 161.72 160.02 161.72 95.50 Index Points [+]
Home Ownership Rate 51.40 51.70 53.40 51.40 percent [+]
Building Permits 26752.00 23550.00 31125.00 9738.00 [+]
Construction Pmi 50.00 51.40 59.80 45.50 [+]
Construction Orders 11.30 1.10 23.80 -23.20 percent [+]


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. This page provides - Germany Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Construction Pmi - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.00 51.40 59.80 45.50 2013 - 2019 Monthly
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Country Last Previous
Australia 43.00 Jun/19
Euro Area 50.80 Jun/19
France 51.80 Jun/19
Germany 50.00 Jun/19
Italy 50.70 Jun/19
United Kingdom 43.10 Jun/19


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