Construction output in Italy advanced 12.8 percent year-on-year in August of 2020, following a revised 0.3 percent rise in the previous month. Considering the first eight months of the year, construction production slumped 14.4 percent. On a monthly basis, construction output increased 12.9 percent, after rising 4.5 percent in July. It was the fourth consecutive month of growth since record falls during lockdown.
Construction Output in Italy averaged -0.57 percent from 1996 until 2020, reaching an all time high of 13.80 percent in January of 2007 and a record low of -68.90 percent in April of 2020. This page provides - Italy Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: National Institute of Statistics (ISTAT)
Construction Output in Italy is expected to be -6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Italy to stand at 10.50 in 12 months time. In the long-term, the Italy Construction Output is projected to trend around 5.60 percent in 2021 and 2.00 percent in 2022, according to our econometric models.