The IHS Markit Germany Construction PMI fell to 51.4 in May 2019 from 53.0 in the previous month, signalling a further loss of momentum from the 14-month high seen in March. Housing building and commercial activity grew at a slower pace while work on civil engineering projects dropped the most since April 2018. The decrease in overall new business was the most marked in over a year while employment and purchasing activity rose the least in seven months. On the price front, the rate of increase in the cost of building materials and products slowed for the fourth consecutive month to the lowest for over a year. At the same time, the rate of inflation of sub-contractor charges eased to the weakest since January 2017. Looking ahead, business confidence fell to a five-month low, amid a lack of tender opportunities and the delay of projects due to uncertainty among clients Construction Pmi in Germany is reported by Markit Economics.

Construction Pmi in Germany is expected to be 52.00 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 53.00 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
Forecast Data Chart
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Germany Housing Last Previous Highest Lowest Unit
Construction Output 7.60 9.10 48.30 -38.90 percent [+]
Housing Index 160.02 157.72 160.02 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 51.40 53.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.40 53.00 59.80 45.50 2013 - 2019 Monthly

Country Last Previous
Australia 40.40 May/19
Euro Area 50.60 May/19
France 50.30 May/19
Germany 51.40 May/19
Italy 49.80 May/19
United Kingdom 48.60 May/19