The IHS Markit Construction PMI for Germany fell to 44.6 in August of 2021 from 47.1 in the previous month. The pace of contraction in building activity was the sharpest in three months, amid lingering supply-chain issues and stronger price pressures. Output continued to shrink in the commercial, civil-engineering sectors, and for the first time in three months, also in housing. Likewise, new orders retreated faster too, while staffing levels eased down at the softest pace since March. Broad shortages of key materials remained the main factor behind historically high supply delays, although the rate of deterioration in supplier performance eased further from May’s record. On the price front, average prices rose sharply once again amid the current supply-demand imbalances. Finally, sentiment surrounding activity over the coming year neared the optimistic territory, driven by an uptick in expectations regarding the 12-month outlook. source: Markit Economics

Construction PMI in Germany averaged 50.94 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 September of 2021.

Construction PMI in Germany is expected to be 53.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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
44.60 47.10 59.80 31.90 2013 - 2021 points Monthly
SA


News Stream
Germany Construction PMI Drops to 3-Month Low
The IHS Markit Construction PMI for Germany fell to 44.6 in August of 2021 from 47.1 in the previous month. The pace of contraction in building activity was the sharpest in three months, amid lingering supply-chain issues and stronger price pressures. Output continued to shrink in the commercial, civil-engineering sectors, and for the first time in three months, also in housing. Likewise, new orders retreated faster too, while staffing levels eased down at the softest pace since March. Broad shortages of key materials remained the main factor behind historically high supply delays, although the rate of deterioration in supplier performance eased further from May’s record. On the price front, average prices rose sharply once again amid the current supply-demand imbalances. Finally, sentiment surrounding activity over the coming year neared the optimistic territory, driven by an uptick in expectations regarding the 12-month outlook.
2021-09-06
German Construction Sector Shrinks at Softer Pace
The IHS Markit Construction PMI for Germany edged up to 47.1 in July of 2021 from 47 in the previous month. Despite easing to a four-month low, the pace of decline in activity was still solid as supply-chain issues continued to impede activity. Output and new orders fell sharply, while staffing levels fell at the quickest rate in nine months. With transportation bottlenecks expected to persist, firms maintained a pessimistic outlook towards activity over the coming 12 months. On the price front, shortages in the supply of building products and materials led to a steep rate of cost inflation. In fact, input prices rose at a survey record rate for the fourth month in a row. Finally, sentiment surrounding activity over the coming year remained in negative territory.
2021-08-05
Germany Construction Sector Continues to Shrink
The IHS Markit Construction PMI for Germany increased to 47 in June of 2021 from 44.5 in May but still remained below 50 pointing to a sharp contraction in the construction sector. Supply bottlenecks continued to contribute to further declines in output and new orders, as firms struggled to source materials and demand was impacted by surging price pressures. Employment remained in decline, as did the availability of sub-contractors. With many of these brakes on output expected to continue, constructors maintained a negative outlook for future activity.
2021-07-06
Germany Construction PMI Points to 15th Month of Contraction
The IHS Markit Germany Construction PMI edged down to 44.5 in May of 2021 from 46.2 in April, pointing to a steeper contraction in the construction sector due to increased disruption from supply chain bottlenecks. Activity fell at the fastest rate for three months, amid unprecedented reports of longer lead-times on building materials and products, as well as a sustained downturn in inflows of new work. Widespread shortages of construction inputs meanwhile led to a sharp increase in purchase prices, with the rate of inflation at a new record high. Concerns towards the prospect of forced downtime on site and a threat to demand from price increases saw constructors' expectations for future activity turn more pessimistic.
2021-06-04

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.