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.

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Euro Area Construction PMI



Related Last Previous Unit Reference
Construction PMI 42.60 43.60 points Dec 2022

Euro Area Construction PMI
Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month.
Actual Previous Highest Lowest Dates Unit Frequency
42.60 43.60 57.00 15.10 2013 - 2022 points Monthly
SA

News Stream
Eurozone Construction Falls Most in 2-1/2 Years
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.
2023-01-05
EA Construction Falls the Most since May 2020
The S&P Global Eurozone Construction PMI fell to 43.6 in November of 2022 from 44.9 in October, indicating a seventh consecutive monthly contraction in activity levels across eurozone’s construction sector. Notably, the decline was the strongest since May 2020 and marked overall. France (40.7) led the downturn, followed by Germany (41.5) which had recorded the worst trend in the prior two months. By contrast, Italian construction companies registered the first increase in activity levels in five months (52.0). On a sector level, the decline in eurozone construction activity was led by housing, followed closely by civil engineering. Commercial activity, meanwhile, saw a sustained reduction but one which was the softest in seven months.
2022-12-06
Eurozone Construction Activity Falls for 6th Month
The S&P Global Eurozone Construction PMI declined to 44.9 in October 2022 from 45.3 in the previous month, signaling a sixth consecutive monthly contraction in output. The housing sector contracted by the most since May 2020 and commercial projects declined at a faster pace, while the downturn at civil engineering firms weakened to the slowest in five months. Overall new orders were down for the seventh consecutive month, and at the fastest pace for over two years, and employment and buying activity continued to fall. On the price front, input cost inflation accelerated for the third month running and remained well above its long-run average. Finally, business pessimism was significant and among the strongest on record.
2022-11-07