The IHS Markit Italy Construction PMI edged down to 64.4 in December from November's all-time high of 65.5 in the previous month. This signaled an eleventh straight monthly upturn in Italian construction activity, with growth the third fastest on record and rapid. Business activity rose rapidly again, with growth easing only from November's peak, amid a near-record rate of increase in new business. Confidence towards activity over the next year meanwhile improved to a three-month high. Elsewhere, price pressures remained unprecedented due to ongoing supply issues. source: Markit Economics

Construction PMI in Italy averaged 48.88 points from 2013 until 2021, reaching an all time high of 65.50 points in November 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 - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Construction PMI in Italy is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Construction PMI is projected to trend around 53.80 points in 2023 and 53.40 points in 2024, according to our econometric models.

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Italy Construction PMI


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.
Actual Previous Highest Lowest Dates Unit Frequency
64.40 65.50 65.50 4.80 2013 - 2021 points Monthly
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Related Last Previous Unit Reference
Construction PMI 64.40 65.50 points Dec/21


News Stream
Italy Construction PMI Third-Highest on Record
The IHS Markit Italy Construction PMI edged down to 64.4 in December from November's all-time high of 65.5 in the previous month. This signaled an eleventh straight monthly upturn in Italian construction activity, with growth the third fastest on record and rapid. Business activity rose rapidly again, with growth easing only from November's peak, amid a near-record rate of increase in new business. Confidence towards activity over the next year meanwhile improved to a three-month high. Elsewhere, price pressures remained unprecedented due to ongoing supply issues.
2022-01-06
Italian Construction Sector Grows at Record Pace
The IHS Markit Italy Construction PMI rose sharply to 65.5 in November of 2021, up from 58.6 in the prior month. The latest reading signalled an uplift in Italian construction output for the tenth month in a row, with growth the fastest on record and rapid overall. Total activity increased at the fastest rate since data collection began in 1999, while the pace of expansion in new work was the second -quickest on record, amid reports of strong demand conditions, in part due to government tax relief schemes. The expansion was broad-based across the three monitored sub-sectors during November, with the residential segment leading the gains. The rate of job creation was the quickest for nearly 21 years and marked. Meanwhile, price pressures hit a fresh series high amid reports of material shortages. Finally, the level of sentiment ticked up since October, with confidence attributed to strong demand conditions and hopes of a sustained economic rebound.
2021-12-06
Italian Construction Sector Grows at Record Pace
The IHS Markit Italy Construction PMI rose to 65.2 in August of 2021 from 55.8 in July. The latest figure pointed to a 7th consecutive monthly expansion in Italian construction activity, with the rate of growth the fastest seen since data collection began in July 1999. The rate of expansion in new orders was the fastest on record and rapid overall, attributed to the government eco- and super-bonus schemes, as well as looser COVID-19 restrictions. Business activity rose at a pace unseen in the survey’s 22-year history with record expansions recorded in housing and commercial activity. Italian constructors also continued to raise their buying activity at a record pace while the rate of job creation was the fastest since early 2002. Material shortages meanwhile led to a further deterioration in supplier performance and a further round of input price inflation. Looking forward, the level of business sentiment remained historically elevated, despite moderating to the lowest since March.
2021-09-06