The IHS Markit Italy Construction PMI edged down to 57.9 in June of 2021 from May’s 14-year high of 58.3 and signaling another rapid upturn in construction activity. Output rose sharply again amid a near-record expansion in new orders, with panelists citing government tax relief schemes, looser COVID-19 restrictions and improved client confidence. As a result, firms again took on additional staff in June. Looking ahead, Italian constructors remained optimistic of higher activity in the coming 12 months, with the level of positive sentiment little-changed from May's near 20-year high. source: Markit Economics
Construction PMI in Italy averaged 48.13 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 July of 2021.
Construction PMI in Italy is expected to be 54.90 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 53.20 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.