Construction output in the Euro Area rose 1.4 percent from a year earlier in November of 2019, following an upwardly revised 0.9 percent gain in the previous month but missing market expectations of a 1.9 percent increase. Building activity went up 1.4 percent, after a 0.8 percent rise in October while civil engineering works advanced 0.5 percent, slowing from a 0.9 percent gain in the prior month. Among Eurozone's largest economies, output rebounded in France (1.4 percent vs -1.4 percent) and rose further in Germany (4.8 percent vs 2.6 percent); while construction production shrank at a faster pace in Spain (-3 percent vs -0.8 percent).

Construction Output in the Euro Area averaged -0.24 percent from 1996 until 2019, reaching an all time high of 18.40 percent in February of 2000 and a record low of -22.60 percent in February of 1996. 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. source: Eurostat

Construction Output in Euro Area is expected to be -0.70 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 1.60 in 12 months time. In the long-term, the Euro Area Construction Output is projected to trend around 2.20 percent in 2020, according to our econometric models.


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Euro Area Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
1.40 0.90 18.40 -22.60 1996 - 2019 percent Monthly
WDA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-17 09:00 AM Aug 1.2% 1.8% 2.6% 2.2%
2019-11-19 10:00 AM Sep -0.7% 0.8% 2.7% 2%
2019-12-18 10:00 AM Oct 0.3% -0.3% 2.4% 2%
2020-01-17 10:00 AM Nov 1.4% 0.9% 1.9% -0.6%
2020-02-17 10:00 AM Dec 1.4% -1.2%


News Stream
2019-12-18
Eurozone Construction Output Rises Less than Expected
Construction output in the Euro Area rose 0.3 percent from a year earlier in October 2019, after a downwardly revised 0.3 percent decline in the previous month but missing market expectations of a 2.4 percent gain. Building activity increased 0.2 percent, rebounding from a 0.6 percent fall in September while civil engineering works went up 1.1 percent, the same pace as in the prior month. Among Eurozone's largest economies, output shrank less in France (-1.2 percent vs -1.7 percent) and Spain (-0.3 percent vs -10.2 percent) while construction growth slowed in Germany (0.3 percent vs 1.8 percent).

2019-11-19
Eurozone Construction Output Falls for 1st Time in 3 Years
Construction output in the Euro Area dropped 0.7 percent from a year earlier in September 2019, following a downwardly revised 0.8 percent growth in the previous month and missing market expectations of a 2.7 percent expansion. This was the first month of contraction in construction output since January 2017, led by a decline in building activity (-1.0 percent vs 0.7 percent) while civil engineering works continued to increase (1.1 percent vs 1.7 percent). Among Eurozone's largest economies, output shrank in France (-2.6 percent vs -2.9 percent) and Spain (-10.0 percent vs 2.3 percent) while construction growth slowed in Germany (1.2 percent vs 1.8 percent).

2019-10-17
Eurozone Construction Output Growth at 7-Month Low
Construction output in the Euro Area increased 1.2 percent from a year earlier in August 2019, following an upwardly revised 1.8 percent rise in the previous month and below market expectations of a 2.6 percent gain. This is the weakest pace of growth in construction activity since January, as building activity advanced less (1.6 percent vs 1.8 percent in July) while civil engineering works rose at the same pace (at 0.9 percent). Among Eurozone's largest economies, growth slowed in Germany (1.4 percent vs 2.4 percent) and Spain (2.7 percent vs 3.8 percent) while France's output continued to fall (-0.9 percent, the same pace as in July).

2019-09-18
Eurozone Construction Output Growth Slows
Construction output in the Euro Area increased 1.1 percent from a year earlier in July 2019, following an upwardly revised 1.6 percent growth in the previous month. Output rose at a softer pace for both building activity (1.2 percent vs 1.6 percent) and civil engineering works (0.4 percent vs 2.6 percent). Among Eurozone's largest economies, France's output fell sharply (-2.5 percent vs 2.0 percent), while growth was seen in Germany (1.9 percent vs 2.0 percent) and Spain (2.7 percent vs 0.9 percent).

2019-08-20
Eurozone Construction Output Rises at Softer Pace
Construction output in the Euro Area increased 1.0 percent from a year earlier in June 2019, easing from a downwardly revised 1.7 percent growth in the previous month. Output rose at a softer pace for both building activity (1.5 percent vs 1.7 percent) and civil engineering works (0.8 percent vs 1.9 percent). Among Eurozone's largest economies, France's output growth slowed sharply (2.7 percent vs 4.3 percent), while a rebound was seen in Germany (1.0 percent vs -1.0 percent) and Spain (1.1 percent vs -0.1 percent).

2019-07-17
Eurozone Construction Output Rises at Slower Pace
Construction output in the Euro Area increased 2 percent from a year earlier in May 2019, easing from a downwardly revised 3.1 percent growth in the previous month and missing market expectations of 2.4 percent. Output rose at a softer pace for both building activity (2 percent vs 2.7 percent) and civil engineering works (2.3 percent vs 3.5 percent). Among Eurozone's largest economies, Germany's output growth slowed sharply (0.1 percent vs 5.5 percent) and Spain's activity was unchanged (vs 2.2 percent in April) while France's construction output rebounded 4 percent (vs -2.2 percent in April). On a monthly basis, construction output fell 0.3 percent in May, the third consecutive month of contraction.


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

Euro Area Housing Last Previous Highest Lowest Unit
Construction Output 1.40 0.90 18.40 -22.60 percent [+]
Housing Index 119.54 117.82 119.54 89.60 points [+]
Construction Pmi 51.30 50.60 57.00 43.00 points [+]
Home Ownership Rate 66.20 66.10 71.90 64.00 percent [+]