Construction output In the Euro Area decreased 0.90 percent in August of 2020 over the same month in the previous year.

Construction Output in the Euro Area averaged -0.45 percent from 1996 until 2020, reaching an all time high of 18.50 percent in February of 2000 and a record low of -30.90 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 October of 2020. source: Eurostat

Construction Output in Euro Area is expected to be -3.20 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 5.90 in 12 months time. In the long-term, the Euro Area Construction Output is projected to trend around 5.10 percent in 2021 and 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
-0.90 -3.40 18.50 -30.90 1996 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-17 09:00 AM May -11.9% -31% -23%
2020-08-20 09:00 AM Jun -5.9% -10.5% -7.8%
2020-09-17 09:00 AM Jul -3.8% -4.8% -4.2%
2020-10-19 09:00 AM Aug -0.9% -3.4% -4.4%
2020-11-17 10:00 AM Sep -0.9% -3.8%
2020-12-17 10:00 AM Oct

News Stream
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.
Euro Area Construction Output Falls for 6th Month
Construction output in the Eurozone shrank 3.8 percent year-on-year in July of 2020, following a downwardly revised 4.8 percent fall in June, and marking the 6th straight month of contraction in the construction sector due to the coronavirus pandemic. Building activity went down 4.3 percent (-5.6 percent in June) while civil engineering rebounded (0.4 percent vs -1.7 percent). Among the bloc's largest economies, construction fell 1.9 percent in Germany, 5.2 percent in France and 10.5 percent in Spain. However, compared to the previous month, construction edged up 0.2 percent.
Eurozone Construction Output Contracts Less in June
The Eurozone construction output fell by 5.9 percent from a year earlier in June 2020, following a revised 10.5 percent plunge in the previous month and a record 31.0 percent contraction in April, as the economy reopened following a coronavirus-induced lockdown. Building activity dropped by 6.6 percent (vs -11.4 percent in May) and civil engineering works declined by 2.6 percent (vs -5.2 percent in May).
Eurozone Construction Output Falls 11.9% YoY in May
Construction output in the Euro Area declined 11.9 percent year-on-year in May of 2020, following an upwardly revised 31 percent slump in the previous month, which was the steepest downturn in construction activity on record. Building activity fell 13.2 percent, after dropping 31.7 percent in April; and civil engineering works went down 5.1 percent, following a 25.9 percent fall in the previous month. Among Eurozone's largest economies, construction output fell Spain (-24.4 percent) and France (-24 percent), but increased in Germany (1.7 percent).

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