Construction output in Greece tumbled 26.6 percent from a year earlier in the second quarter of 2020, following a downwardly revised 5.7 percent fall in the previous three-month period. It was the sharpest fall in construction activity since the third quarter of 2017, as Civil engineering works plunged 31.3 percent (vs -10.9 percent in Q1) while building activity fell 18.6 percent (vs 2 percent). On a quarterly basis, construction output rose 6.6 percent, rebounding from a 41.3 percent slump in Q1. source: National Statistical Service of Greece

Construction Output in Greece averaged -6.65 percent from 2001 until 2020, reaching an all time high of 52.10 percent in the third quarter of 2016 and a record low of -51.40 percent in the second quarter of 2005. This page provides - Greece Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

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Greece Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-26.60 -5.70 52.10 -51.40 2001 - 2020 percent Quarterly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-13 10:00 AM Q3 -9.1% 6.7%
2020-03-16 10:00 AM Q4 -5.7% -9.1%
2020-06-15 09:00 AM Q1 -10.3% -9.1%
2020-09-14 09:00 AM Q2 -26.6% -5.7% -32%
2020-12-14 10:00 AM Q3 -26.6%


News Stream
Greek Construction Output Drops the Most in Near 3 Years
Construction output in Greece tumbled 26.6 percent from a year earlier in the second quarter of 2020, following a downwardly revised 5.7 percent fall in the previous three-month period. It was the sharpest fall in construction activity since the third quarter of 2017, as Civil engineering works plunged 31.3 percent (vs -10.9 percent in Q1) while building activity fell 18.6 percent (vs 2 percent). On a quarterly basis, construction output rose 6.6 percent, rebounding from a 41.3 percent slump in Q1.
2020-09-14
Greek Construction Output Falls 10.3% YoY in Q1
Greece's construction output declined 10.3 percent from a year earlier in the first quarter of 2020, following an upwardly revised 9.1 percent fall in the previous three-month period. Civil engineering works dropped 17.2 percent (vs -3.1 percent in Q4) while building activity showed no growth (vs -18.6 percent). On a quarterly basis, construction output slumped 44.1 percent, reversing a 33.1 percent rise in the previous period.
2020-06-15
Greek Construction Output Falls in Q4
Greece's construction output dropped 5.7 percent from a year earlier in the fourth quarter of 2019, compared to a 9.1 percent fall in the previous three-month period. Building activity tumbled 17.3 percent (vs -5.4 percent in Q3) while civil engineering works rose 1.6 percent (vs -11.0 percent in Q3). On a quarterly basis, construction output surged 36.7 percent, reversing an 11.1 percent decline in the previous period.
2020-03-16
Greek Construction Output Falls 9.1% in Q3
Greece's construction output plunged 9.1 percent from a year earlier in the third quarter of 2019, compared to a revised 6.7 percent growth in the previous three-month period. Building activity dropped 5.4 percent (vs 5.4 percent in Q2) and civil engineering works tumbled 11.0 percent (vs 7.4 percent in Q2). On a quarterly basis, construction output shrank 15 percent, reversing a 9.2 percent jump in the previous period.
2019-12-13

Greece Construction Output
In Greece, the Production Index in Construction (IPC) is an important business cycle indicator, which shows the quarterly activity in the production of building construction and the production of civil engineering sectors.