European Union Construction Output m/m

Country:
European Union
EUR, Euro
Source:
Sector:
Business
Low N/D 0.5%
-1.0%
Last release Importance Actual Forecast
Previous
Next release Actual Forecast
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Construction Output m/m shows the volume of production (in monetary terms) and activity in the construction sector of the euro area for the given month compared to the previous one. The calculation includes construction in private and civil engineering (such as bridges, public buildings, etc.) sectors. The indicator is based on seasonally adjusted figures. Also, the value is inflationary adjusted.

Since the accurate account of construction volumes is rather problematic, the index is measured based on several indicators:

  • Productivity of construction companies (the preferred option, which best reflects construction volumes)
  • Turnover of construction companies (the calculation includes subsidies but does not include VAT)
  • Workforce involvement
  • Construction materials used
  • Administrative data, such as building permits issued

Although the relative share of construction in Europe's economic activity has declined in recent years, construction continues to be of great importance in the Member States' economies. Construction output has a great share in the eurozone's GDP calculation and is used in the preliminary evaluation of eurozone's economic activity, together with the Industrial Production Index. Construction Output data can also be interpreted as a leading indicator of activity in the real estate market.

Indicator growth can be seen as positive for the euro quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "European Union Construction Output m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Dec 2023
N/D
0.5%
-1.0%
Nov 2023
-1.0%
-0.2%
-0.6%
Oct 2023
-1.0%
-0.2%
0.9%
Sep 2023
0.4%
0.0%
-1.1%
Aug 2023
-1.1%
0.3%
1.0%
Jul 2023
0.8%
-0.1%
-1.2%
Jun 2023
-1.0%
0.0%
0.2%
May 2023
0.2%
0.1%
-0.6%
Apr 2023
-0.4%
0.0%
-1.7%
Mar 2023
-2.4%
0.0%
1.7%
Feb 2023
2.3%
0.0%
3.8%
Jan 2023
3.9%
0.1%
-2.3%
Dec 2022
-2.5%
-0.1%
0.0%
Nov 2022
-0.8%
0.0%
1.0%
Oct 2022
1.3%
0.0%
0.5%
Sep 2022
0.1%
0.1%
-1.0%
Aug 2022
-0.6%
0.1%
0.3%
Jul 2022
0.3%
0.0%
-1.2%
Jun 2022
-1.3%
-0.2%
-0.3%
May 2022
0.4%
0.1%
-1.0%
Apr 2022
-1.1%
0.1%
0.1%
Mar 2022
0.0%
-0.2%
1.1%
Feb 2022
1.9%
0.4%
3.9%
Jan 2022
3.9%
0.5%
-1.5%
Dec 2021
-4.0%
-0.7%
-0.2%
Nov 2021
-0.2%
-0.2%
0.6%
Oct 2021
1.6%
0.5%
1.0%
Sep 2021
0.9%
0.0%
-1.4%
Aug 2021
-1.3%
-0.6%
0.1%
Jul 2021
0.1%
0.0%
-0.6%
Jun 2021
-1.7%
0.9%
-0.4%
May 2021
0.9%
0.1%
-0.4%
Apr 2021
-2.2%
-0.7%
4.1%
Mar 2021
2.7%
-0.6%
-2.0%
Feb 2021
-2.1%
0.2%
0.8%
Jan 2021
0.8%
0.4%
-1.5%
Dec 2020
-3.7%
0.7%
2.3%
Nov 2020
1.4%
-0.3%
0.0%
Oct 2020
0.5%
-0.8%
-2.7%
Sep 2020
-2.9%
12.2%
3.9%
Aug 2020
2.6%
2.3%
0.3%
Jul 2020
0.2%
-1.4%
5.1%
Jun 2020
4.0%
24.8%
29.4%
May 2020
27.9%
-11.5%
-18.3%
Apr 2020
-14.6%
2.9%
-15.7%
Mar 2020
-14.1%
1.4%
-0.5%
Feb 2020
-1.5%
-1.1%
4.0%
Jan 2020
3.6%
0.3%
-1.8%
Dec 2019
-3.1%
0.2%
0.7%
Nov 2019
0.7%
0.2%
-0.5%

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