The S&P Global Eurozone Construction PMI came in at 44.3 in July 2026, up from 42.8 in June, pointing to another sharp contraction but one that was the softest since March. Construction activity remained firmly in contraction across the region at the start of the third quarter, with declines continuing across all monitored sectors and the three largest economies, led by a sharper downturn in Germany. This was largely attributed to subdued demand, as new orders contracted at a faster pace. Job cuts persisted across eurozone construction for a sixth month, easing to the slowest pace since February despite steeper reductions in Germany. Meanwhile, cost pressures eased further as the energy-driven inflation spike following the Middle East conflict continued to moderate from April's record high. Looking ahead, firms across all three countries remained pessimistic, pushing business sentiment to its lowest level in three months, with Germany the most downbeat. source: S&P Global

Construction PMI In the Euro Area increased to 44.30 points in July from 42.80 points in June of 2026. Construction PMI in Euro Area averaged 47.42 points from 2013 until 2026, reaching an all time high of 57.00 points in January of 2018 and a record low of 15.10 points in April of 2020. This page provides - Euro Area Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction PMI In the Euro Area increased to 44.30 points in July from 42.80 points in June of 2026. Construction PMI in Euro Area is expected to be 43.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Construction PMI is projected to trend around 50.90 points in 2027 and 51.50 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Construction Output YoY -0.70 0.70 percent Jun 2026
Home Ownership Rate 64.70 64.50 percent Dec 2025
House Price Index YoY 4.70 5.10 percent Mar 2026
Housing Index 158.36 156.87 points Mar 2026
Price to Rent Ratio 130.23 129.34 Dec 2025
Residential Property Prices 4.69 5.09 Percent Mar 2026


Euro Area Construction PMI
Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Eurozone Construction Contraction Eases in July
The S&P Global Eurozone Construction PMI came in at 44.3 in July 2026, up from 42.8 in June, pointing to another sharp contraction but one that was the softest since March. Construction activity remained firmly in contraction across the region at the start of the third quarter, with declines continuing across all monitored sectors and the three largest economies, led by a sharper downturn in Germany. This was largely attributed to subdued demand, as new orders contracted at a faster pace. Job cuts persisted across eurozone construction for a sixth month, easing to the slowest pace since February despite steeper reductions in Germany. Meanwhile, cost pressures eased further as the energy-driven inflation spike following the Middle East conflict continued to moderate from April's record high. Looking ahead, firms across all three countries remained pessimistic, pushing business sentiment to its lowest level in three months, with Germany the most downbeat.
2026-08-06
Eurozone Construction Downturn Deepens in June
The S&P Global Eurozone Construction PMI fell to 42.8 in June 2026 from 43.7 in May, signaling a robust and accelerated contraction across the region. Activity shrank across the top three eurozone economies, led by a steepening decline in France and a sharper downturn in Italy, while Germany's contraction eased slightly but remained severe. Residential construction remained the weakest segment, followed by commercial activity and civil engineering. Though the decline in new orders moderated to a four-month low, muted demand led firms to cut staff for a fifth consecutive month and reduce input buying, extending that contractionary streak to 49 months. Concurrently, severe vendor lead times persisted, led by German shipping delays. On pricing, input inflation cooled to its lowest since March, but business sentiment deteriorated further into negative territory, with acute pessimism in Germany offsetting mild optimism in Italy.
2026-07-06
Eurozone Construction Downturn Eases in May
The S&P Global Eurozone Construction PMI rose to 43.7 in May 2026 from 41.7 in April, when the sector recorded its sharpest contraction since August 2024. Still, it remained firmly below the 50 threshold, extending the construction downturn to more than four years. France registered the steepest contraction, while Germany continued to post a marked decline and Italy recorded the mildest deterioration. By sector, housing recorded the fastest decline, while civil engineering saw the slowest contraction. New business continued to fall sharply across the sector, although the pace of decline eased from April as demand conditions remained subdued. On the price front, input cost inflation remained substantial in May, with all three monitored economies reporting robust increases in costs, led by Germany. Finally, construction firms maintained a pessimistic outlook for activity over the coming year, extending the current run of negative sentiment to a third consecutive month.
2026-06-04