The IHS Markit Italy Construction PMI rose to 58.3 in May of 2021 from 57.6 in April, signaling a fourth straight monthly increase and the fastest growth rate since January 2007, amid the strongest improvement in demand conditions for over two decades. Worsening supply disruption fed through to prices, however, as the rate of cost inflation hit a fresh series peak. The upturn remained broad-based across the three monitored sub-sectors and was again led by the residential segment which saw a record rate of increase in May, followed by commercial. Looking ahead, the level of positive sentiment was the strongest since August 2001. source: Markit Economics

Construction PMI in Italy averaged 48.02 points from 2013 until 2021, reaching an all time high of 58.30 points in May of 2021 and a record low of 4.80 points in April of 2020. This page provides - Italy Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Construction PMI - values, historical data and charts - was last updated on June of 2021.

Construction PMI in Italy is expected to be 54.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction PMI in Italy to stand at 52.70 in 12 months time. In the long-term, the Italy Construction PMI is projected to trend around 53.80 points in 2022 and 53.40 points in 2023, according to our econometric models.

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Italy Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
58.30 57.60 58.30 4.80 2013 - 2021 points Monthly
SA

Italy Housing Last Previous Highest Lowest Unit
Construction Output 60.20 74.50 74.50 -69.00 percent [+]
Housing Index 100.10 99.80 120.70 97.70 points [+]
Home Ownership Rate 72.40 72.40 74.20 72.30 percent [+]
Construction PMI 58.30 57.60 58.30 4.80 points [+]


Italy Construction PMI
Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. For each of the indicators the ‘Report' shows the percentage reporting each response, the net difference between the number of higher/better responses and lower/worse responses, and the ‘diffusion' index. This index is the sum of the positive responses plus a half of those responding ‘the same'. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease.