Construction output in the Euro Area contracted 5.8 percent year-on-year in February of 2021, following an upwardly revised 2.6 percent drop in January. It was the 6th consecutive month of falling construction output and the most since May 2020 as coronavirus infections continued to rise and countries were under tight restrictions. Civil engineering declined 10.4 percent (vs 5.7 percent January) and building activity fell 4.8 percent (vs -1.6 percent). On a monthly basis, construction output was down 2.1 percent, after a 0.8 percent gain in the previous month. source: EUROSTAT

Construction Output in the Euro Area averaged -0.47 percent from 1996 until 2021, reaching an all time high of 18.50 percent in February of 2000 and a record low of -30.70 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 May of 2021.

Construction Output in Euro Area is expected to be 16.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Euro Area to stand at 3.60 in 12 months time. In the long-term, the Euro Area Construction Output is projected to trend around 3.80 percent in 2022 and 2.40 percent in 2023, according to our econometric models.

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Euro Area Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-5.80 -2.60 18.50 -30.70 1996 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-19 10:00 AM Nov -1.3% -1.9% -1.6%
2021-02-17 10:00 AM Dec -2.3% -0.6% -0.6%
2021-03-17 10:00 AM Jan -1.9% 0% -1.6%
2021-04-19 09:00 AM Feb -5.8% -2.6% -3.6%
2021-05-20 09:00 AM Mar -5.8%
2021-06-17 09:00 AM Apr
2021-07-19 09:00 AM May
2021-08-17 09:00 AM Jun


News Stream
Eurozone Construction Output Falls the Most in 9 Months
Construction output in the Euro Area contracted 5.8 percent year-on-year in February of 2021, following an upwardly revised 2.6 percent drop in January. It was the 6th consecutive month of falling construction output and the most since May 2020 as coronavirus infections continued to rise and countries were under tight restrictions. Civil engineering declined 10.4 percent (vs 5.7 percent January) and building activity fell 4.8 percent (vs -1.6 percent). On a monthly basis, construction output was down 2.1 percent, after a 0.8 percent gain in the previous month.
2021-04-19
Euro Area Construction Output Shrinks 1.9%
Construction output in the Euro Area sank 1.9 percent year-on-year in January of 2021, following a revised flat reading in December. It marks the 5th consecutive month of no growth in the construction sector as the coronavirus pandemic and restrictions continue to weigh on the bloc's economy. Civil engineering declined 7.4 percent, after a 3.4 percent drop in the previous month and building activity came back to contraction (-0.4 percent), after a 0.7 percent rise in December. On a monthly basis, construction output increased 0.8 percent.
2021-03-17
Eurozone Construction Output Falls for 4th Month
Construction output in the Euro Area contracted 2.3 percent from a year earlier in December 2020, a fourth consecutive month of decline, as several Member States reimposed or extended lockdown measures to curb the spread of COVID-19. Building activity dropped at a faster pace (-1.8 percent vs -1.0 percent in November), while civil engineering works contracted sharply (-3.8 percent vs 1.2 percent). On a monthly basis, construction output fell 3.7 percent, compared to a 2.3 percent advance in November.
2021-02-17
Euro Area Construction Sector Continues to Shrink
Construction output in the Euro Area contracted 1.3 percent year-on-year in November of 2020, following an upwardly revised 1.9 percent drop in October. It is the 3rd consecutive month of falling construction output, as coronavirus infections continue to rise and countries tight restrictions. Building went down 1.6 percent (vs -2.1 percent in October) while civil engineering edged up 0.4 percent (vs -0.7 percent). On a monthly basis, construction jumped 1.4 percent.
2021-01-19

Euro Area Construction Output
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.