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. source: S&P Global

Construction PMI In the Euro Area increased to 43.70 points in May from 41.70 points in April of 2026. Construction PMI in Euro Area averaged 47.47 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 43.70 points in May from 41.70 points in April of 2026. Construction PMI in Euro Area is expected to be 40.00 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 -1.20 -3.00 percent Mar 2026
Home Ownership Rate 64.70 64.50 percent Dec 2025
House Price Index YoY 5.20 5.20 percent Dec 2025
Housing Index 157.06 156.06 points Dec 2025
Price to Rent Ratio 130.23 129.37 Dec 2025
Residential Property Prices 5.13 5.14 Percent Dec 2025


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 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
Eurozone Construction Downturn Steepest Since 2024
The S&P Global Eurozone Construction PMI fell to 41.7 in April 2026 from 44.6 in March, marking the sharpest contraction since August 2024 and extending a four-year streak of monthly declines. The downturn was broad-based, led by France and Germany, with Italy also contracting sharply. By sector, commercial construction saw the steepest fall since May 2020, followed by residential activity, while civil engineering declined more moderately. New orders dropped at the fastest pace in 18 months, extending a 49-month contraction streak, with particularly weak demand in France and Germany. Employment fell for a third month, with job losses at a six-month high. On prices, input cost inflation surged to a three-and-a-half-year high due to higher materials and energy costs. Purchasing activity declined at the fastest rate since December 2024, while delivery delays persisted. Business confidence weakened further to a 16-month low.
2026-05-07
Eurozone Construction Slumps to 5-Month Low
The S&P Global Eurozone Construction PMI fell to 44.6 in March 2026, down from 46.0 in February, marking the sharpest contraction in activity since October 2025 and extending the sector’s decline for nearly four years. France led the downturn with its steepest drop in 18 months, followed by Italy and Germany. By sector, commercial construction suffered the most severe decline, closely trailed by residential building, while civil engineering also contracted, though at a slightly slower pace. New orders plunged at the fastest rate in five months, and job cuts accelerated to a four-month high. Adding to the pressure, input cost inflation surged to its highest level since November 2022, driven by material shortages, shipping delays, and soaring raw material and energy prices, exacerbated by ongoing Middle East conflicts. Meanwhile, business confidence hit its lowest point of 2026, reflecting deepening pessimism across the sector.
2026-04-08