The IHS Markit Eurozone Construction PMI was unchanged at 50.1 in April 2021, signaling a fractional expansion in the bloc's construction activity for the second successive month. A further rise in home building activity and a softer reduction in commercial construction were offset by a steeper decline in civil engineering works. Among the Eurozone largest economies, German construction output contracted at a faster pace, while activity in France fell only marginally. Italian constructors experienced the strongest pace of expansion since January 2007. source: Markit Economics

Construction PMI in the Euro Area averaged 48.57 points from 2013 until 2021, reaching an all time high of 57 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 - values, historical data and charts - was last updated on May of 2021.

Construction PMI in Euro Area is expected to be 54.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction PMI in Euro Area to stand at 52.90 in 12 months time. In the long-term, the Euro Area Construction PMI is projected to trend around 54.00 points in 2022 and 53.80 points in 2023, according to our econometric models.

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Euro Area Construction PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.10 50.10 57.00 15.10 2013 - 2021 points Monthly

Euro Area Housing Last Previous Highest Lowest Unit
Construction Output -5.80 -2.60 18.50 -30.70 percent [+]
Housing Index 127.23 125.53 127.23 89.83 points [+]
Construction PMI 50.10 50.10 57.00 15.10 points [+]
Home Ownership Rate 65.80 66.20 71.90 64.00 percent [+]

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.