Construction output in the Euro Area contracted 1.3 percent year-on-year in November of 2020, following an upwardly revised 1.9 percent drop in October. It is the 3rd consecutive month of falling construction output, as coronavirus infections continue to rise and countries tight restrictions. Building went down 1.6 percent (vs -2.1 percent in October) while civil engineering edged up 0.4 percent (vs -0.7 percent). On a monthly basis, construction jumped 1.4 percent. source: EUROSTAT

Construction Output in the Euro Area averaged -0.46 percent from 1996 until 2020, reaching an all time high of 18.50 percent in February of 2000 and a record low of -30.70 percent in April of 2020. This page provides the latest reported value for - Euro Area Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Construction Output in Euro Area is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Euro Area to stand at 5.10 in 12 months time. In the long-term, the Euro Area Construction Output is projected to trend around 2.40 percent in 2022, according to our econometric models.

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Euro Area Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -1.90 18.50 -30.70 1996 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-19 09:00 AM Aug -0.9% -3.4% -4.4%
2020-11-19 10:00 AM Sep -2.5% 0.4% -3.8%
2020-12-16 10:00 AM Oct -1.4% -2.3% 0.8%
2021-01-19 10:00 AM Nov -1.3% -1.9% -1.6%
2021-02-17 10:00 AM Dec -1.3%
2021-03-17 10:00 AM Jan
2021-04-19 09:00 AM Feb
2021-05-20 09:00 AM Mar


News Stream
Euro Area Construction Sector Continues to Shrink
Construction output in the Euro Area contracted 1.3 percent year-on-year in November of 2020, following an upwardly revised 1.9 percent drop in October. It is the 3rd consecutive month of falling construction output, as coronavirus infections continue to rise and countries tight restrictions. Building went down 1.6 percent (vs -2.1 percent in October) while civil engineering edged up 0.4 percent (vs -0.7 percent). On a monthly basis, construction jumped 1.4 percent.
2021-01-19
Euro Area Construction Output Falls for 2nd Month
Construction output in the Euro Area contracted 1.4 percent from a year earlier in October of 2020, following a downwardly revised 2.3 percent fall in the previous month, as a second wave of coronavirus infections hit the bloc's economy. Building activity dropped 1.5 percent (vs -2.7 percent in September) and civil engineering edged down 0.3 percent, following a 0.2 percent fall. On a monthly basis, construction output increased 0.5 percent, compared to a 2.7 percent decrease in the previous month.
2020-12-16
Eurozone Construction Output Falls Back into Contraction
The Eurozone construction output contracted 2.5 percent from a year earlier in September 2020, following an upwardly revised 0.4 percent growth in the previous month, as a second wave of coronavirus infections hit the bloc's economy. Building activity fell at a faster pace (-3.0 percent vs -0.2 percent in August), while civil engineering works growth slowed sharply (0.2 percent vs 3.0 percent). On a monthly basis, construction output dropped 2.9 percent, compared to a 3.9 percent advance in August.
2020-11-19
Eurozone Construction Output Falls the Least in 6 Months
The Eurozone construction output contracted 0.9 percent from a year earlier in August 2020, the least since the effects of the coronavirus pandemic started to being felt back in February. Building activity fell at a slower pace (-1.8 percent vs -4.0 percent in July), while civil engineering works grew solidly (2.3 percent vs 0.2 percent). On a monthly basis, construction output rose 2.6 percent, compared to 0.3 percent in July.
2020-10-19

Euro Area Construction Output
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.