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.