The IHS Markit Germany Construction PMI rose to 54.9 in January 2020 from 53.8 in the previous month, signalling the second-fastest expansion in the sector over the past two years. Homebuilding grew by the most for ten months and commercial activity also rose, with the level of work on office spaces, manufacturing plants, retail centres and other commercial projects rising for the first time in seven months. Civil engineering works meanwhile dropped for the tenth consecutive month. Overall new orders increased at the fastest pace since February last year, and both the rate of job creation and the rise in sub-contractor usage were the strongest in ten months. On the price front, the rate of cost inflation picked up to a six-month high. Looking ahead, business optimism remained relatively subdued compared to the highs over the past four years.

Construction Pmi in Germany averaged 52.38 points from 2013 until 2020, reaching an all time high of 59.80 points in January of 2018 and a record low of 45.50 points in June of 2014. This page provides - Germany Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Markit Economics

Construction Pmi in Germany is expected to be 53.60 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 52.00 in 12 months time. In the long-term, the Germany Construction Pmi is projected to trend around 52.50 points in 2021, according to our econometric models.


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Germany Construction Pmi

Actual Previous Highest Lowest Dates Unit Frequency
54.90 53.80 59.80 45.50 2013 - 2020 points Monthly
SA


News Stream
German Construction Output Growth Hits 10-Month High
The IHS Markit Germany Construction PMI rose to 54.9 in January 2020 from 53.8 in the previous month, signalling the second-fastest expansion in the sector over the past two years. Homebuilding grew by the most for ten months and commercial activity also rose, with the level of work on office spaces, manufacturing plants, retail centres and other commercial projects rising for the first time in seven months. Civil engineering works meanwhile dropped for the tenth consecutive month. Overall new orders increased at the fastest pace since February last year, and both the rate of job creation and the rise in sub-contractor usage were the strongest in ten months. On the price front, the rate of cost inflation picked up to a six-month high. Looking ahead, business optimism remained relatively subdued compared to the highs over the past four years.
2020-02-06
German Construction PMI Hits 9-Month High
The IHS Markit Germany Construction PMI rose to 53.8 in December 2019 from 52.5 in the previous month, marking a further recovery from August's five-year low. The reading pointed to the fastest pace of expansion in the construction sector since last March as homebuilding growth accelerated to a nine-month high and commercial activity stabilised following five months of decline. In contrast, civil engineering remained in contraction territory. Overall inflows of new work were up the most since last March and the rate of job creation was the quickest since the opening quarter of 2019, while building firms' purchasing also increased solidly. On the price front, overall cost increases remained close to the lowest seen over the past four years. Looking ahead, confidence among constructors was the lowest since the end of 2014, due to concerns for commercial activity amid a broader economic slowdown, and worries about a lack of tenders for local infrastructure projects.
2020-01-07
German Construction Output at 7-Month High
The IHS Markit Germany Construction PMI rose to 52.5 in November 2019 from 51.5 in the previous month, signalling the fastest pace of expansion in the sector since April. Housebuilding increased by the most for seven months, while civil engineering contracted at the softest rate in eight months. Meanwhile, the drop in commercial activity was the second-fastest since March 2013. Overall new orders rose for the first time in seven months leading to an acceleration in the rate of job creation across the building sector to the fastest since April, as well as a renewed increase in the use of sub-contractors. On the price front, input cost inflation was the weakest in almost four years. Finally, expectations remained among the lowest over the past four years, amid worries about the health of the economy.
2019-12-05
German Construction Output Growth at 6-Month High
The IHS Markit Germany Construction PMI rose to 51.5 in October 2019 from 50.1 in the previous month, rebounding further from a five-year low in August and signalling a modest rate of growth overall. Homebuilding expanded for the second month in a row and at the fastest rate since April, while commercial activity and civil engineering works continued to contract. Buying levels increased the most in six months while the pace of job creation moderated to a one-year low and order books decreased for the sixth straight month. On the price front, input cost inflation remained subdued. Finally, expectations were close to August's near four-year low, as surveyed businesses reported ongoing concerns about the impact of the manufacturing slowdown on demand for new commercial building projects in the year ahead.
2019-11-07

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.