Greece's construction output dropped 5.7 percent from a year earlier in the fourth quarter of 2019, compared to a 9.1 percent fall in the previous three-month period. Building activity tumbled 17.3 percent (vs -5.4 percent in Q3) while civil engineering works rose 1.6 percent (vs -11.0 percent in Q3). On a quarterly basis, construction output surged 36.7 percent, reversing an 11.1 percent decline in the previous period.

Construction Output in Greece averaged -6.28 percent from 2001 until 2019, reaching an all time high of 51.60 percent in the third quarter of 2016 and a record low of -51.40 percent in the second quarter of 2005. This page provides - Greece Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020. source: National Statistical Service of Greece

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Greece Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-5.70 -9.10 51.60 -51.40 2001 - 2019 percent Quarterly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-13 10:00 AM Q3 -9.1% 6.7%
2020-03-16 10:00 AM Q4 -5.7% -9.1%
2020-06-15 09:00 AM Q1 -5.7%
2020-09-14 09:00 AM Q2
2020-12-14 10:00 AM Q3


News Stream
Greek Construction Output Falls in Q4
Greece's construction output dropped 5.7 percent from a year earlier in the fourth quarter of 2019, compared to a 9.1 percent fall in the previous three-month period. Building activity tumbled 17.3 percent (vs -5.4 percent in Q3) while civil engineering works rose 1.6 percent (vs -11.0 percent in Q3). On a quarterly basis, construction output surged 36.7 percent, reversing an 11.1 percent decline in the previous period.
2020-03-16
Greek Construction Output Falls 9.1% in Q3
Greece's construction output plunged 9.1 percent from a year earlier in the third quarter of 2019, compared to a revised 6.7 percent growth in the previous three-month period. Building activity dropped 5.4 percent (vs 5.4 percent in Q2) and civil engineering works tumbled 11.0 percent (vs 7.4 percent in Q2). On a quarterly basis, construction output shrank 15 percent, reversing a 9.2 percent jump in the previous period.
2019-12-13

Greece Construction Output
In Greece, the Production Index in Construction (IPC) is an important business cycle indicator, which shows the quarterly activity in the production of building construction and the production of civil engineering sectors.