Construction output in the Euro Area rose by 13.6 percent year-on-year in May 2021, following a record 45.2 percent expansion in the previous month, reflecting a low base year and the continued economic recovery from the pandemic hit. Building activity climbed 15.0 percent (vs 46.1 percent in April) and civil engineering works grew 7.2 percent (vs 34.4 percent in April). On a monthly basis, construction output advanced 0.9 percent in May, compared to a 0.4 percent contraction in April. source: EUROSTAT

Construction Output in the Euro Area averaged -0.22 percent from 1996 until 2021, reaching an all time high of 42.30 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 2021.

Construction Output in Euro Area is expected to be 5.90 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 4.00 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
13.60 45.20 45.20 -30.80 1996 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-19 09:00 AM Feb -5.8% -2.6% -3.6%
2021-05-20 09:00 AM Mar 18.3% -5.4% 17%
2021-06-17 09:00 AM Apr 42.3% 20% 40%
2021-07-19 09:00 AM May 13.6% 45.2% 18.9%
2021-08-17 09:00 AM Jun 13.6%
2021-09-17 09:00 AM Jul
2021-10-19 09:00 AM Aug
2021-11-17 10:00 AM Sep


News Stream
Eurozone Construction Output Growth Remains Strong
Construction output in the Euro Area rose by 13.6 percent year-on-year in May 2021, following a record 45.2 percent expansion in the previous month, reflecting a low base year and the continued economic recovery from the pandemic hit. Building activity climbed 15.0 percent (vs 46.1 percent in April) and civil engineering works grew 7.2 percent (vs 34.4 percent in April). On a monthly basis, construction output advanced 0.9 percent in May, compared to a 0.4 percent contraction in April.
2021-07-19
Eurozone Construction Output Grows at Record Pace
Construction output in the Euro Area jumped 42.3 percent in April 2021, following an upwardly revised 20 percent rise in March, largely due to a low base year effect as construction activity shrank at a record pace a year ago when the effects of the pandemic crisis started to be felt. That was the strongest increase in construction output since available records began in January of 1996, as building activity climbed by 43.7 percent and civil engineering works jumped by 30.4 percent. On a monthly basis, construction output declined 2.2 percent, after an upwardly revised 4 percent rise in the previous month.
2021-06-17
Eurozone Construction Output Growth Hits 21-Year High
Construction output in the Euro Area jumped 18.3 percent in March 2021, compared with a sharp contraction in March 2020, when several countries across the region were under strict COVID lockdowns. That was the largest increase in construction output since a record 18.5 percent growth was recorded in February 2000, as building activity climbed 16.8 percent and civil engineering works rebounded 23.2 percent. On a monthly basis, construction output advanced 2.7 percent in March, compared to a 2.0 percent contraction in February.
2021-05-20
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
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.