The S&P Global Eurozone Construction PMI dropped to 42.6 in December 2022 from 43.6 in the previous month, signaling the steepest pace of contraction in the sector since May 2020. Each of the big-three Eurozone nations monitored by the survey registered lower activity in December, with the most pronounced drop seen in France, closely followed by Germany and, to a lesser extent, Italy. Broken down by sector, all categories registered a fall in activity, led by housing. Overall new orders dropped the most since September 2014, when excluding the pandemic, while employment was down for a ninth straight month. On the price front, input cost inflation eased to a 23-month low. Finally, Eurozone construction firms remained downbeat with regards to their future output. source: Markit Economics
Construction PMI in Euro Area averaged 48.70 points from 2013 until 2022, reaching an all time high of 57.00 points in January of 2018 and a record low of 15.10 points in April of 2020. This page provides - Euro Area Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Construction PMI in Euro Area is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.