Construction output in European Union increased 2.50 percent in May of 2019 over the same month in the previous year. Construction Output in European Union averaged 0.61 percent from 1997 until 2019, reaching an all time high of 12.20 percent in February of 2000 and a record low of -11.70 percent in February of 2009.
Construction Output in European Union is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in European Union to stand at 1.90 in 12 months time. In the long-term, the European Union Construction Output is projected to trend around 2.10 percent in 2020, according to our econometric models.