Construction output in Italy fell 1.5 percent year-on-year in December of 2020, reversing from an upwardly revised 7.9 percent rise in the previous month. It was the firth decline in construction activity since June. On a monthly basis, construction output dropped 4.6 percent, after a 2.2 percent increase in November. Considering 2020, construction activity tumbled 8.2 percent, the first annual fall since 2016 when it contracted by 0.1 percent, and the largest since 2013 when it decreased by 10.2 percent. source: National Institute of Statistics (ISTAT)
Construction Output in Italy averaged -0.51 percent from 1996 until 2020, reaching an all time high of 13.80 percent in January of 2007 and a record low of -68.90 percent in April of 2020. This page provides - Italy Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Construction Output in Italy is expected to be 20.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Italy to stand at 5.60 in 12 months time. In the long-term, the Italy Construction Output is projected to trend around 2.00 percent in 2022, according to our econometric models.