Construction Pmi in Italy decreased to 47.70 points in December from 48.20 points in November of 2019. Construction Pmi in Italy averaged 48.24 points from 2013 until 2019, reaching an all time high of 55.90 points in October of 2018 and a record low of 41 points in January of 2014. source: Markit Economics
Construction Pmi in Italy is expected to be 51.10 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 52.60 in 12 months time. In the long-term, the Italy Construction Pmi is projected to trend around 53.40 points in 2020, according to our econometric models.