Construction output in the Euro Area increased 3 percent year-on-year in April of 2022, easing from an upwardly revised 3.4 percent rise in the previous month. It was the softest pace of growth in construction activity since December, as civil engineering works contracted 0.7 percent (vs 5.3 percent in March) while growth in building activity remained constant at 4.1 percent. On a monthly basis, construction output fell by 1.1 percent, the first decline in four months and compared to a 0.1 percent rise in March. source: EUROSTAT
Construction Output in the Euro Area averaged -0.12 percent from 1996 until 2022, reaching an all time high of 44.80 percent in April of 2021 and a record low of -30.80 percent in April of 2020. This page provides the latest reported value for - Euro Area Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Construction Output in Euro Area is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Construction Output is projected to trend around 2.70 percent in 2023 and 3.00 percent in 2024, according to our econometric models.