The IHS Markit Germany Construction PMI increased to 47.5 in March of 2021 from 41 in February, the highest reading in 7 months as the downturn in Germany's construction sector eased. The latest reading was the second-highest since the start of the coronavirus pandemic behind that seen last August. However, it also highlighted growing pressure on supply chains, with the lack of availability across a range of key building materials and products pushing up purchase prices to the greatest extent since mid-2008. Several firms reported continued bad weather during March, alongside delays caused by long wait times on planning permissions and a soft patch in demand. As such, there were further slower declines in activity across each of the three broad construction categories monitored. Finally, latest data showed an improvement in constructors' expectations towards future activity to a 13-month high. source: Markit Economics

Construction PMI in Germany averaged 51.21 points from 2013 until 2021, reaching an all time high of 59.80 points in January of 2018 and a record low of 31.90 points in April of 2020. This page provides - Germany Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Construction PMI in Germany is expected to be 54.50 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 53.80 in 12 months time. In the long-term, the Germany Construction PMI is projected to trend around 54.50 points in 2022 and 53.60 points in 2023, according to our econometric models.

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Germany Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
47.50 41.00 59.80 31.90 2013 - 2021 points Monthly
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News Stream
Germany Construction PMI at 7-Month High
The IHS Markit Germany Construction PMI increased to 47.5 in March of 2021 from 41 in February, the highest reading in 7 months as the downturn in Germany's construction sector eased. The latest reading was the second-highest since the start of the coronavirus pandemic behind that seen last August. However, it also highlighted growing pressure on supply chains, with the lack of availability across a range of key building materials and products pushing up purchase prices to the greatest extent since mid-2008. Several firms reported continued bad weather during March, alongside delays caused by long wait times on planning permissions and a soft patch in demand. As such, there were further slower declines in activity across each of the three broad construction categories monitored. Finally, latest data showed an improvement in constructors' expectations towards future activity to a 13-month high.
2021-04-08
Germany Construction PMI Falls in February
The IHS Markit Germany Construction PMI fell to 41 in February of 2021 from 46.6 in January, pointing to the biggest contraction in the construction sector since May, as severe bad weather caused widespread disruption to work on sites. At the same time, building companies faced growing pressure on margins from rising input costs, stemming partly from bottlenecks in supply chains. The impact was seen across all broad categories of construction. Housing activity fell markedly, ending a seven-month sequence of growth. Work on commercial building projects meanwhile contracted at the quickest rate since last September. But the worst performance was seen in civil engineering activity which contracted at one of the fastest rates on record. Looking ahead, constructors retained a negative outlook for activity over the next 12 months, citing concerns over squeezed client budgets.
2021-03-04
Germany Construction PMI Falls Further: Markit
The IHS Markit Germany Construction PMI edged down to 46.6 in January of 2021 from 47.1 in December. The reading pointed to the 11th consecutive month of falling construction activity, led by a sustained downturn in work on commercial building projects. Supply chain pressures meanwhile continued to increase, with January seeing longer lead times on building materials and products, as well as a sharp acceleration in the rate of input price inflation. The worst-performing broad construction category by some margin remained commercial activity. On the other hand, January saw constructor sector employment marginally rise for the first time since February last year. Looking ahead, constructors remained downbeat about the prospects for activity in 12 months’ time, citing concerns about the investment outlook. However, expectations were the least pessimistic since the COVID-19 epidemic began.
2021-02-04
Germany Construction Sector Shrinks for 10th Month
The IHS Markit Germany Construction PMI increased to 47.1 in December of 2020 from 45.6 in November, pointing to the 10th consecutive month of falling construction activity although the downturn eased. Activity and new orders fell at a slower pace, employment came close to stabilising and constructors' purchasing activity rose for the first time in ten months. However, the latter partly reflected a response to growing supply pressures, with constructors still pessimistic towards future activity due to concerns about the impact of the coronavirus pandemic on client demand in the months ahead. Finally, constructors generally remained downbeat due to worries about the hit to client budgets from the pandemic. Firms were even slightly more pessimistic than in November, but less so than the lows seen during the first COVID wave.
2021-01-07

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.