In September this year, Germany's construction sector PMI indicated a decrease to 50.2 from 51.5 recorded in August, according to Markit's seasonally adjusted Germany Construction Purchasing Managers' Index (PMI).
September data indicated only a marginal monthly rise in total building activity and confirmed the weakest quarter in terms of average growth for four years. It showed that housing and commercial activity grew at slower rates, while civil engineering was the worst-performing sub-sector and declined for the sixth time in 2018 so far.
However, the latest data also showed that constructors’ expectations remained optimistic towards activity over the next 12 months.