The IHS Markit Italy Construction PMI rose to 56.3 in March of 2021 from 54.8 in the previous month. The latest figure pointed to the quickest growth of Italian construction activity since January 2007, driven by the fastest upturn in new work for almost two decades. However, ongoing supply disruptions led to the fastest increase in costs on record. Housing activity saw the fastest expansion, with output rising at the steepest pace on record (since 1999), followed by commercial activity. Meanwhile, civil engineering activity returned to growth following two months of decline, but the upturn was only fractional overall. Looking ahead, sentiment moderated from February’s recent peak, but was still historically elevated. source: Markit Economics

Construction PMI in Italy averaged 47.81 points from 2013 until 2021, reaching an all time high of 56.30 points in March 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 April of 2021.

Construction PMI in Italy is expected to be 54.00 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 52.70 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.

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Italy Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
56.30 54.80 56.30 4.80 2013 - 2021 points Monthly

Italy Housing Last Previous Highest Lowest Unit
Construction Output -1.50 -1.10 13.80 -69.00 percent [+]
Housing Index 100.10 99.80 120.70 97.70 points [+]
Home Ownership Rate 72.40 72.40 74.20 72.30 percent [+]
Construction PMI 56.30 54.80 56.30 4.80 points [+]

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.