The IHS Markit Germany Construction PMI rose to 55.6 in March 2019 from 54.7 the previous month, signalling the strongest growth in total construction activity since January 2018. The residential and commercial sectors posted the fastest rate of expansion in 14 months while work on civil engineering projects increased at a softer pace. Overall employment growth accelerated for the second month in a row to the quickest since January 2018 and new orders continued to rise at a solid rate. On the price front, purchase prices inflation eased to a ten-month low and input lead times went up markedly amid higher demand for building materials and products. Looking ahead, business confidence was at the highest level since April last year. Construction Pmi in Germany is reported by Markit Economics.

Construction Pmi in Germany is expected to be 54.10 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 11.20 -2.40 48.30 -38.90 percent [+]
Housing Index 155.74 154.14 155.74 95.50 Index Points [+]
Home Ownership Rate 51.40 51.70 53.40 51.40 percent [+]
Building Permits 23983.00 28830.00 31125.00 9738.00 [+]
Construction Pmi 55.60 54.70 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.60 54.70 59.80 45.50 2013 - 2019 Monthly

Country Last Previous
Australia 45.60 Mar/19
Euro Area 52.20 Mar/19
France 49.00 Mar/19
Germany 55.60 Mar/19
Italy 51.20 Mar/19
United Kingdom 49.70 Mar/19