Construction output in the Euro Area increased 2.9 percent year-on-year in May of 2022, picking up from a downwardly revised 2.8 percent rise in the previous month. Building construction rose by 3.1 percent (from 3.5 percent in April), while civil engineering works advanced by 2.5 percent (from -1.2 percent). On a monthly basis, construction output rose 0.4 percent, rebounding from a downwardly revised 1 percent decline in the previous month. source: EUROSTAT
Construction Output in the Euro Area averaged -0.11 percent from 1996 until 2022, reaching an all time high of 44.80 percent in April of 2021 and a record low of -30.80 percent in April of 2020. 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. Euro Area Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Construction Output in Euro Area is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Construction Output is projected to trend around 2.70 percent in 2023 and 3.00 percent in 2024, according to our econometric models.