Construction output in the Euro Area dropped 0.7 percent from a year earlier in September 2019, following a downwardly revised 0.8 percent growth in the previous month and missing market expectations of a 2.7 percent expansion. This was the first month of contraction in construction output since January 2017, led by a decline in building activity (-1.0 percent vs 0.7 percent) while civil engineering works continued to increase (1.1 percent vs 1.7 percent). Among Eurozone's largest economies, output shrank in France (-2.6 percent vs -2.9 percent) and Spain (-10.0 percent vs 2.3 percent) while construction growth slowed in Germany (1.2 percent vs 1.8 percent). Construction Output in the Euro Area averaged -0.25 percent from 1996 until 2019, reaching an all time high of 18.40 percent in February of 2000 and a record low of -22.60 percent in February of 1996. source: Eurostat

Construction Output in Euro Area is expected to be -1.20 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 0.90 in 12 months time. In the long-term, the Euro Area Construction Output is projected to trend around 2.20 percent in 2020, according to our econometric models.

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Euro Area Construction Output
Calendar GMT Actual Previous Consensus TEForecast
2019-08-20 09:00 AM Construction Output YoY Jun 1% 1.7% 1.8%
2019-09-18 09:00 AM Construction Output YoY Jul 1.1% 1.6% 1% 1.5%
2019-10-17 09:00 AM Construction Output YoY Aug 1.2% 1.8% 2.6% 2.2%
2019-11-19 10:00 AM Construction Output YoY Sep -0.7% 0.8% 2.7% 2%
2019-12-18 10:00 AM Construction Output YoY Oct -0.7% -2%
2020-01-17 10:00 AM Construction Output YoY Nov -0.6%
2020-02-17 10:00 AM Construction Output YoY Dec -1.2%


Euro Area Housing Last Previous Highest Lowest Unit
Construction Output -0.70 0.80 18.40 -22.60 percent [+]
Housing Index 117.82 115.85 117.82 89.60 points [+]
Construction Pmi 50.60 50.70 57.00 43.00 points [+]
Home Ownership Rate 66.20 66.10 71.90 64.00 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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 0.80 18.40 -22.60 1996 - 2019 percent Monthly
WDA




Country Last Previous
Argentina -9.50 Oct/19 -8.7
Australia -0.40 Sep/19 -2.8
Euro Area -0.70 Sep/19 0.8
France -0.90 Oct/19 -1.9
Germany 0.30 Oct/19 1.8
India -5.80 Oct/19 -5.1
Italy 0.30 Sep/19 2.1
Mexico -8.30 Sep/19 -3.5
Netherlands 4.50 Sep/19 3.5
Russia 1.00 Oct/19 0.8
South Korea -4.30 Oct/19 -7.9
Spain -10.00 Sep/19 2.3
Switzerland -1.10 Sep/19 -2.6
United Kingdom -2.10 Oct/19 0.5


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