The IHS Markit Eurozone Construction PMI edged down to 52.9 in December 2021 from 53.3 in the previous month, suggesting the rate of expansion remained solid overall and extending the current period of growth to three months. House building activity grew for the 10th consecutive month and commercial building activity rose for a third month, while civil engineering works declined for a 29th successive month. New orders placed with eurozone construction companies expanded at the fastest pace since February 2019 and purchasing activity rose the most for seven months, while the rate of job creation eased to a four-month low and vendor performance worsened markedly. On the price front, input cost inflation softened in December, though remained among the steepest seen since the start of the survey. source: Markit Economics
Construction PMI in the Euro Area averaged 48.76 points from 2013 until 2021, reaching an all time high of 57 points in January of 2018 and a record low of 15.10 points in April of 2020. This page provides - Euro Area Construction Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Construction PMI - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Construction PMI in Euro Area is expected to be 52.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Construction PMI is projected to trend around 54.00 points in 2023 and 53.80 points in 2024, according to our econometric models.