Italy's construction output declined 3.4 percent over a year ago in November 2019, after increasing 2.7 percent in the previous month. It was the sharpest downturn in construction activity since March 2018. On a seasonally adjusted monthly basis, construction output slumped 4 percent, after increasing 0.2 percent in the previous month. Construction Output in Italy averaged -0.22 percent from 1996 until 2019, reaching an all time high of 13.70 percent in January of 2007 and a record low of -24.30 percent in February of 2012. source: National Institute of Statistics (ISTAT)

Construction Output in Italy is expected to be 2.00 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 1.60 in 12 months time. In the long-term, the Italy Construction Output is projected to trend around 1.70 percent in 2020, according to our econometric models.

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Italy Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-3.40 2.70 13.70 -24.30 1996 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-18 08:00 AM Aug 2.1% 1.2% 1.1%
2019-11-20 09:00 AM Sep 0.3% 2.1% 1.5%
2019-12-19 10:00 AM Oct 2.7% 0.8% 0.9%
2020-01-20 09:00 AM Nov -3.4% 2.7% 1.6%
2020-02-20 09:00 AM Dec -3.4% -2%

News Stream
Italy Construction Output Rises the Most in Over a Year
Italy's construction output surged 7.8 percent from a year earlier in February 2019, following a revised 0.3 percent decline in the previous month. It was the sharpest increase in construction output since January last year. On a seasonally adjusted monthly basis, construction activity grew 3.4 percent, the fourth straight month of gains and after rising 1.3 percent in January.

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

Italy Housing Last Previous Highest Lowest Unit
Construction Output -3.40 2.70 13.70 -24.30 percent [+]
Housing Index 98.80 99.10 120.70 97.70 points [+]
Home Ownership Rate 72.40 72.40 74.20 72.30 percent [+]
Construction Pmi 47.70 48.20 55.90 41.00 points [+]