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. source: Markit Economics

Construction PMI in Germany averaged 51.42 points from 2013 until 2020, 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 January of 2021.

Construction PMI in Germany is expected to be 50.50 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 52.50 in 12 months time. In the long-term, the Germany Construction PMI is projected to trend around 53.60 points in 2022, according to our econometric models.

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Germany Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
47.10 45.60 59.80 31.90 2013 - 2020 points Monthly
SA


News Stream
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 Remains in Contraction
The IHS Markit Germany Construction PMI edged up to 45.6 in November of 2020 from 45.2 in October, pointing to the 9th straight month of falling construction activity. Still, rates of contraction eased for activity, new orders and employment. Housing activity remained the sector's bright spot, with work on residential projects increasing for the fifth month in a row in November, and at a slightly faster rate. This contrasted with ongoing weakness in both commercial and civil engineering activity, with these two categories exhibiting similarly steep rates of decline. Firms' expectations towards activity over the next 12 months were the least pessimistic since the start of the coronavirus crisis.
2020-12-04
Germany Construction Sector Shrinks the Most since June
The IHS Markit Germany Construction PMI edged down to 45.2 in October of 2020 from 45.5 in September, pointing to the 8th straight month of contraction in the construction sector and the biggest fall since June. Lower levels of activity were recorded across both the commercial and civil engineering categories while housing activity was once again the only category to see growth, rising for the fourth month in a row, albeit only modestly. October saw sustained declines in activity and new orders. With firms' expectations also deteriorating, there were further cutbacks to both employment and purchasing activity during the month.
2020-11-05
German Construction Sector Shrinks at Faster Pace
The IHS Markit Germany Construction PMI fell to 45.5 in September of 2020 from 48 in August, pointing to a fresh setback for the construction sector as activity contracted at a faster pace. This was the lowest reading for three months, although it remained notably higher than those seen between March and June. The main drag was from the commercial building sub-sector, where work fell sharply and at the fastest rate for three months. Civil engineering activity also remained in contraction, albeit with the decline easing to the weakest since February. The only bright spot was housing activity, though even here data showed the softest growth for three months. Furthermore, amid an ongoing decline in new orders and pessimistic expectations for activity over the year ahead, building companies continued to scale back workforce numbers during the month.
2020-10-06

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.