New construction orders in Portugal increased by 63 percent year-on-year in the fourth quarter of 2016, following a 16.7 percent growth in the previous period. New orders for civil engineering jumped 139.9 percent (5.4 percent in Q3) and those for building construction advanced 19.4 percent (33 percent in Q3). Construction Orders in Portugal averaged -4.07 percent from 2001 until 2016, reaching an all time high of 63 percent in the fourth quarter of 2016 and a record low of -49.70 percent in the second quarter of 2012.

Portugal New Construction Orders
Forecast Data Chart
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Portugal Housing Last Previous Highest Lowest Unit
Construction Output 4.30 4.90 10.00 -20.00 percent [+]
Housing Index 128.49 125.58 128.49 92.25 Index points [+]
Home Ownership Rate 74.70 75.20 75.50 74.20 percent [+]
Building Permits 1622.00 1671.00 4835.00 1051.00 [+]

Portugal New Construction Orders

"The New Orders in Construction Index will be discontinued, making this the last press release to be produced by INE regarding this indicator. This decision is due to the fact that the index produced is barely relevant as an input to the national accounts, added to fact that it is a highly volatile index, with poor correlation with other data released for the construction sector", INE said in a statement. This page provides - Portugal Construction Orders Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal New Construction Orders - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
63.00 16.70 63.00 -49.70 2001 - 2016 percent Quarterly

Country Last Previous
Germany 4.10 Aug/18
Japan -16.50 Oct/18
South Korea 4298691.00 Oct/18
United Kingdom -30.70 Sep/18