The IHS Markit Germany Construction PMI rose to 54.7 in February of 2019 from 50.7 in January, pointing to the strongest growth in the construction sector since January of 2018. Anecdotal evidence pointed to the early spring-like weather in February providing a boost to activity. Among sectors, housing activity remained the strongest performer; commercial activity rose the most since last May and civil engineering also grew at a faster pace. New order growth recovered and job creation accelerated. Also, an extra demand for sub-contractors, combined with a lack of availability, resulted in a steep monthly rise in rates they charged to building companies – the third-sharpest since the survey began in 1999. Higher cost paid for building materials and products also increased price pressures. Finally, business confidence reached a nine-month high. Construction Pmi in Germany is reported by Markit Economics.

Construction Pmi in Germany is expected to be 54.00 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 53.60 in 12 months time. In the long-term, the Germany Construction Pmi is projected to trend around 52.00 in 2020, according to our econometric models.

Germany Construction Pmi
Forecast Data Chart
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Germany Housing Last Previous Highest Lowest Unit
Construction Output -4.10 -0.70 48.30 -38.90 percent [+]
Housing Index 154.14 154.15 154.90 95.50 Index Points [+]
Home Ownership Rate 51.40 51.70 53.40 51.40 percent [+]
Building Permits 28830.00 22737.00 31125.00 9738.00 [+]
Construction Pmi 54.70 50.70 59.80 45.50 [+]
Construction Orders 7.40 9.10 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.70 50.70 59.80 45.50 2013 - 2019 Monthly

Country Last Previous
Australia 43.80 Feb/19
Euro Area 52.60 Feb/19
France 51.30 Feb/19
Germany 54.70 Feb/19
Italy 50.70 Feb/19
United Kingdom 49.50 Feb/19