Production in construction down by 0.9% in the euro area and by 1.0% in the EU (2024)

Table of Contents

Overview Monthly comparison by construction sector and by Member State Annual comparison by construction sector and by Member State Tables Notes for users Revisions and timetable Methods and definitions Geographical information For more information Get in touch FAQs References

Euro indicators 18 July 2024 Next release: 20 August 2024

May 2024 compared with April 2024

Skip to the content

Down by 2.4% in the euro area and by 2.5% in the EU compared with May 2023

Overview

In May 2024, compared with April 2024, seasonally adjusted production in construction decreased by 0.9% in the euro area and by 1.0% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In April 2024, production in construction fell by 0.4% in the euro area and remained stable in the EU.

In May 2024, compared with May 2023, production in construction decreased by 2.4% the euro area and by 2.5% in the EU.

Monthly comparison by construction sector and by Member State

In the euro area in May 2024, compared with April 2024, production in construction

decreased by 1.0% for construction of buildings,
decreased by 0.6% for civil engineering,
decreased by 1.1% for specialised construction activities.

In the EU, production in construction

decreased by 0.9% for construction of buildings,
decreased by 1.5% for civil engineering,
decreased by 1.0% for specialised construction activities.

Among Member States for which data are available, the largest monthly decreases in production in construction were recorded in Czechia (-5.1%), Romania (-4.1%) and Hungary (-3.8%). The highest increases were observed in Finland (+1.9%), Bulgaria (+1.1%) and Belgium and Spain (both +0.3%).

Annual comparison by construction sector and by Member State

In the euro area in May 2024, compared with May 2023, production in construction

decreased by 4.8% for construction of buildings,
increased by 0.4% for civil engineering,
decreased by 1.8% for specialised construction activities.

In the EU, production in construction

decreased by 4.8% for construction of buildings,
decreased by 0.8% for civil engineering,
decreased by 1.9% for specialised construction activities.

Among Member States for which data are available, the largest annual decreases in production in construction were recorded in Sweden (-7.5%), Slovenia (-7.4%) and Germany (-7.0%). Increases were observed in Hungary (+7.3%), Bulgaria (+4.4%) and Denmark (+1.1%).

Tables

Production in construction % change compared with the previous month*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area
Total construction	0.4	0.8	0.0	-0.6	-0.4	-0.9
Construction of buildings	1.0	-1.9	2.3	-1.3	-0.5	-1.0
Civil engineering	-0.6	1.3	2.9	0.3	-1.8	-0.6
Specialised construction activities	0.4	0.9	-0.3	-0.5	0.2	-1.1
EU
Total construction	1.2	-0.9	0.3	-0.7	0.0	-1.0
Construction of buildings	1.7	-2.6	2.3	-2.5	0.6	-0.9
Civil engineering	0.2	-0.6	2.7	-0.7	-0.4	-1.5
Specialised construction activities	0.4	0.8	-0.4	-0.4	0.0	-1.0
* Calendar and seasonally adjusted Source dataset: sts_copr_m

Production in construction % change compared with the previous month*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	0.4	0.8	0.0	-0.6	-0.4	-0.9
EU	1.2	-0.9	0.3	-0.7	0.0	-1.0
Belgium	3.1	-3.4	2.3	1.1	-3.9	0.3
Bulgaria	0.3	1.1	2.6	-0.3	-0.3	1.1
Czechia	1.2	0.2	4.3	-6.8	3.5	-5.1
Denmark	0.2	-2.5	1.6	2.5	-1.1	0.1
Germany	-3.1	2.9	3.3	-1.0	-1.2	-3.3
Estonia**	:	:	:	:	:	:
Ireland	c	c	c	c	c	c
Greece**	:	:	:	:	:	:
Spain	-0.4	1.3	-2.4	0.7	-0.7	0.3
France	1.6	0.2	-2.4	0.8	-1.0	-1.0
Croatia**	2.9	1.8	1.9	-0.2	0.2	:
Italy	1.1	2.8	-3.0	c	c	c
Cyprus**	:	:	:	:	:	:
Latvia**	:	:	:	:	:	:
Lithuania**	:	:	:	:	:	:
Luxembourg**	7.4	-16.8	10.1	-1.1	-0.2	:
Hungary	5.2	10.5	-9.4	-2.7	11.0	-3.8
Malta**	:	:	:	:	:	:
Netherlands	2.8	-2.7	2.8	-0.3	-0.4	-0.6
Austria	5.2	-2.7	1.1	-1.9	2.1	-1.9
Poland	14.4	-16.2	0.9	-3.7	2.3	0.1
Portugal	0.7	1.2	-1.1	-1.9	3.2	-3.3
Romania	10.2	-36.4	18.5	9.3	5.8	-4.1
Slovenia	2.7	-3.5	7.6	-6.7	-2.4	-0.1
Slovakia	-7.5	-0.5	5.3	-6.9	7.8	-2.8
Finland	-0.4	-1.1	0.8	0.2	0.4	1.9
Sweden	-0.7	1.2	-1.2	-2.6	1.3	-2.1
Norway	-0.9	0.7	0.1	-0.7	0.3	-0.2
* Calendar and seasonally adjusted ** These Member States are not required to supply monthly data under Regulation (EU) 2019/2152. : Data not available c Confidential Source dataset: sts_copr_m

Production in construction % change compared with the same month of the previous year*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area
Total construction	2.4	1.0	-1.5	-0.3	-1.5	-2.4
Construction of buildings	1.9	-2.2	-2.4	-2.5	-3.6	-4.8
Civil engineering	6.3	2.6	4.3	5.6	2.0	0.4
Specialised construction activities	2.0	1.1	-1.0	-1.0	-0.9	-1.8
EU
Total construction	3.3	0.1	-1.7	-1.0	-1.4	-2.5
Construction of buildings	2.1	-3.0	-2.7	-4.4	-3.6	-4.8
Civil engineering	5.8	1.5	3.8	3.2	2.4	-0.8
Specialised construction activities	1.6	0.7	-1.2	-1.1	-1.1	-1.9
* Calendar adjusted Source dataset: sts_copr_m

Production in construction % change compared with the same month of the previous year*
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	2.4	1.0	-1.5	-0.3	-1.5	-2.4
EU	3.3	0.1	-1.7	-1.0	-1.4	-2.5
Belgium	10.3	-0.3	0.0	8.1	-9.5	-2.2
Bulgaria	0.0	0.0	4.2	3.4	3.1	4.4
Czechia	-3.2	-6.5	2.9	-8.4	-0.2	-6.8
Denmark	0.6	-1.6	-0.5	3.1	1.1	1.1
Germany	-0.1	-6.5	-1.6	-0.4	-3.9	-7.0
Estonia**	:	:	:	:	:	:
Ireland	c	c	c	c	c	c
Greece**	:	:	:	:	:	:
Spain	3.9	14.1	-3.3	1.4	-1.6	-1.8
France	-0.1	-0.4	-4.5	-2.3	-4.3	-5.6
Croatia**	10.3	14.2	15.0	14.5	15.0	:
Italy	12.4	13.3	7.4	c	c	c
Cyprus**	:	:	:	:	:	:
Latvia**	:	:	:	:	:	:
Lithuania**	:	:	:	:	:	:
Luxembourg**	5.1	-6.3	-7.8	-4.7	-5.9	:
Hungary	-4.3	17.5	2.4	-6.4	15.6	7.3
Malta**	:	:	:	:	:	:
Netherlands	-2.4	-7.1	-3.8	-3.2	-0.3	-5.2
Austria	4.0	-5.1	-11.9	-4.4	-1.1	-0.8
Poland	18.9	-8.2	-5.5	-9.7	-6.0	-4.5
Portugal	5.5	4.1	3.7	0.5	5.9	0.0
Romania	30.8	-17.9	-4.0	-0.6	12.3	-1.6
Slovenia	9.0	-4.2	5.6	-7.7	-4.9	-7.4
Slovakia	-8.3	-13.3	-1.1	-5.7	4.9	-4.5
Finland	-11.4	-14.1	-10.4	-8.2	-5.2	-0.6
Sweden	-7.6	-7.1	-5.9	-8.2	-4.4	-7.5
Norway	-2.8	-1.2	-0.9	-1.8	-0.9	-1.7
* Calendar adjusted ** These Member States are not required to supply monthly data under Regulation (EU) 2019/2152. : Data not available c Confidential Source dataset: sts_copr_m

Monthly indices for production in construction, calendar and seasonally adjusted (base year 2021)
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	103.5	104.3	104.3	103.7	103.3	102.4
EU	104.6	103.7	104.0	103.3	103.3	102.3
Belgium	104.1	100.6	102.9	104.0	99.9	100.2
Bulgaria	99.4	100.5	103.1	102.8	102.5	103.6
Czechia	99.0	99.2	103.5	96.5	99.9	94.8
Denmark	105.8	103.2	104.8	107.4	106.2	106.3
Germany	90.5	93.1	96.2	95.2	94.1	91.0
Estonia*	:	:	:	:	:	:
Ireland	c	c	c	c	c	c
Greece*	:	:	:	:	:	:
Spain	97.1	98.4	96.0	96.7	96.0	96.3
France	100.8	101.0	98.6	99.4	98.4	97.4
Croatia*	117.7	119.8	122.1	121.9	122.2	:
Italy	137.6	141.4	137.1	c	c	c
Cyprus*	:	:	:	:	:	:
Latvia*	:	:	:	:	:	:
Lithuania*	:	:	:	:	:	:
Luxembourg*	103.4	86.0	94.7	93.7	93.5	:
Hungary	98.9	109.3	99.0	96.3	106.9	102.8
Malta*	:	:	:	:	:	:
Netherlands	103.1	100.3	103.1	102.8	102.4	101.8
Austria	101.6	98.9	100.0	98.1	100.2	98.3
Poland	127.7	107.0	108.0	104.0	106.4	106.5
Portugal	110.3	111.6	110.4	108.3	111.8	108.1
Romania	153.1	97.4	115.4	126.1	133.4	127.9
Slovenia	146.6	141.4	152.2	142.0	138.6	138.5
Slovakia	77.9	77.5	81.6	76.0	81.9	79.6
Finland	90.0	89.0	89.7	89.9	90.3	92.0
Sweden	91.5	92.6	91.5	89.1	90.3	88.4
Norway	101.3	102.0	102.1	101.4	101.7	101.5
* These Member States are not required to supply monthly data under Regulation (EU) 2019/2152. : Data not available c Confidential Source dataset: sts_copr_m

Monthly indices for production in construction, calendar adjusted (base year 2021)
	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24
Euro area	102.4	89.9	98.8	109.5	102.3	105.7
EU	108.4	86.8	95.7	107.0	101.3	104.9
Belgium	90.1	90.5	107.4	120.5	99.5	101.3
Bulgaria	90.0	97.6	99.0	107.6	100.9	101.1
Czechia	100.3	54.8	67.3	81.7	94.1	98.1
Denmark	99.6	98.4	100.9	112.2	101.5	107.1
Germany	99.6	63.0	81.0	97.2	93.1	91.4
Estonia*	:	:	:	:	:	:
Ireland	c	c	c	c	c	c
Greece*	:	:	:	:	:	:
Spain	123.6	103.0	88.9	101.3	91.1	96.6
France	87.5	98.2	101.5	105.5	100.2	102.0
Croatia*	107.0	114.8	123.5	133.9	126.2	:
Italy	124.9	128.6	136.0	c	c	c
Cyprus*	:	:	:	:	:	:
Latvia*	:	:	:	:	:	:
Lithuania*	:	:	:	:	:	:
Luxembourg*	88.6	76.9	96.4	104.4	100.8	:
Hungary	135.2	64.5	69.6	91.3	89.5	97.5
Malta*	:	:	:	:	:	:
Netherlands	81.6	101.2	115.3	120.6	107.4	107.8
Austria	122.2	59.4	74.3	94.1	95.4	96.4
Poland	182.1	62.9	72.0	87.9	93.3	101.6
Portugal	101.4	111.3	108.1	114.2	111.6	111.3
Romania	227.0	49.7	75.3	110.1	117.7	121.1
Slovenia	132.9	99.5	123.9	137.5	126.8	138.6
Slovakia	90.5	49.5	60.3	63.0	72.9	79.2
Finland	102.7	62.5	69.8	79.8	79.9	96.3
Sweden	116.4	71.9	80.3	85.6	89.6	90.4
Norway	96.5	107.8	96.2	102.7	92.8	97.0
* These Member States are not required to supply monthly data under Regulation (EU) 2019/2152. :Data not available c Confidential Source dataset: sts_copr_m

Notes for users

Revisions and timetable

Data of previous months have been revised compared with those issued in News Release of 19 June 2024. The monthly percentage change for April 2024 has been revised from -0.2% to -0.4% in the euro area and from +0.2% to 0.0% in the EU. The annual percentage change has been revised from -1.1% to -1.5% in the euro area and from -0.9% to -1.4% in the EU.

Methods and definitions

The index of production in construction approximates the evolution of the volume of production within the sector, broken down into construction of buildings, civil engineering and specialised construction activities according to NACE rev. 2 activity classification.

Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data. Eurostat carries out the seasonal adjustment of the data for those countries that do not adjust their data for seasonal effects.

The monthly index as presented in this News Release is calculated only on the basis of the data of those countries reporting monthly data. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Starting with reference period January 2024, the base year of the data has been changed to 2021, since 2018 the base year had been 2015. More information on the reasons for and impact of the base year change can be found in the related Statistics Explained article.

Geographical information

The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

Estonia, Greece, Croatia, Cyprus, Latvia, Lithuania, Luxembourg and Malta are not required to supply monthly data within 1month and 15 days after the end of the reference month under Regulation (EU) 2019/2152.

For more information

Database section on short-term business statistics
Statistics Explained article on the production in construction index
The weights of the Member States in the EU and euro area aggregates
(see file Base year 2021 weights - Euro indicators releases)
Euro indicators dashboard
Euro indicators release calendar
European Statistics Code of Practice

Get in touch

Media requests

Eurostat Media Support

Phone: (+352) 4301 33 408

E-mail: eurostat-mediasupport@ec.europa.eu

Further information on data

E-mail: ESTAT-STS-DATA@ec.europa.eu

Share component will be rendered here.

'; /** Retrieve the order from the tooltip option */ var sortOrder = option.tooltip.order; /** Sort the 'params' array based on the 'sortOrder' parameter. */ switch (sortOrder) { /** Sort by series name in ascending order. */ case 'seriesAsc': params = params.sort((a, b) => a.seriesName.localeCompare(b.seriesName)); break; /** Sort by series name in descending order. */ case 'seriesDesc': params = params.sort((a, b) => b.seriesName.localeCompare(a.seriesName)); break; /** Sort by numerical value in ascending order. */ case 'valueAsc': params = params.sort((a, b) => parseFloat(a.value) - parseFloat(b.value)); break; /** Sort by numerical value in descending order. */ case 'valueDesc': params = params.sort((a, b) => parseFloat(b.value) - parseFloat(a.value)); break; /** Reverse the current order. */ case 'reverse': params.reverse(); break; default: break; } /** Iterate over each series in the tooltip parameters */ for (var i = 0; i < params.length; i++) { /** Retrieve the name and value of the current series */ var seriesName = params[i].seriesName; var value = params[i].value; /** Replace every specific apostrphe by simple one. */ seriesName = seriesName.replaceAll("’", "'"); /** Convert the numeric value to its string representation. */ var strValue = String(value); /** Retrieve the axis used as value */ var axis = option.yAxis.type === 'value' ? option.yAxis : option.xAxis; /** Initialize the number of decimal places */ var decimals = option.tooltip.decimals; /** Check if decimals configuration is set to default and the value contains decimal places */ if (!decimals && strValue.indexOf('.') > -1) { /** Calculate the number of decimal places */ decimals = strValue.substring(strValue.indexOf('.'), strValue.length - 1).length; } else { /** If there are no decimal places, format the value with 1 decimal place */ decimals = decimals ? decimals : 1; /** Convert the value to a fixed-point notation string with a specified number of decimal places. */ value = Number(value).toFixed(decimals); } /** Convert -0 value to 0 with the specified or calculated number of decimal places.*/ if (Number(value) == -0) { value = (Number(value) + 0).toFixed(decimals); } /** Extract the unit from within the axis label */ var unit = axis.axisLabel.unit ? axis.axisLabel.unit : ''; /** Format the value using the appropriate number of decimal places */ value = isNaN(value) ? 'N/A' : Number(value).toLocaleString(option.lang ? option.lang : 'en', { minimumFractionDigits: decimals }) + unit; /** Retrieve the color of the current series */ const color = params[i].color; /** * Add the series name and value to the tooltip content * Use a circle icon with the series color */ tooltipContent += '

' + '' + '' + '' + seriesName + '' + '' + '' + value + '' + '

'; } /** Close the tooltip content container */ tooltipContent += '

'; /** Return the formatted tooltip content */ return tooltipContent; }}/* * This content is licensed according to the W3C Software License at * https://www.w3.org/Consortium/Legal/2015/copyright-software-and-document * * File: sortable-table.js * * Desc: Adds sorting to a HTML data table that implements ARIA Authoring Practices */'use strict';class SortableTable { constructor(tableNode) { this.tableNode = tableNode; this.columnHeaders = tableNode.querySelectorAll('thead th.sortable'); this.sortColumns = []; for (var i = 0; i < this.columnHeaders.length; i++) { var ch = this.columnHeaders[i]; var buttonNode = ch.querySelector('button'); if (buttonNode) { this.sortColumns.push(i); // buttonNode.setAttribute('data-column-index', i); // buttonNode.addEventListener('click', this.handleClick.bind(this)); ch.setAttribute('data-column-index', i); ch.addEventListener('click', this.handleClick.bind(this)); } } this.optionCheckbox = document.querySelector( 'input[type="checkbox"][value="show-unsorted-icon"]' ); if (this.optionCheckbox) { this.optionCheckbox.addEventListener( 'change', this.handleOptionChange.bind(this) ); if (this.optionCheckbox.checked) { this.tableNode.classList.add('show-unsorted-icon'); } } } setColumnHeaderSort(columnIndex) { if (typeof columnIndex === 'string') { columnIndex = parseInt(columnIndex); } for (var i = 0; i < this.columnHeaders.length; i++) { var ch = this.columnHeaders[i]; var buttonNode = ch.querySelector('button'); if (i === columnIndex) { var value = ch.getAttribute('aria-sort'); if (value === 'ascending') { ch.setAttribute('aria-sort', 'descending'); this.sortColumn( columnIndex, 'descending', ch.classList.contains('num')); } else if (value === 'descending') { ch.removeAttribute('aria-sort'); this.sortColumn( columnIndex, 'initial', true ); } else { ch.setAttribute('aria-sort', 'ascending'); this.sortColumn( columnIndex, 'ascending', ch.classList.contains('num') ); } } else { if (ch.hasAttribute('aria-sort') && buttonNode) { ch.removeAttribute('aria-sort'); } } } } sortColumn(columnIndex, sortValue, isNumber) { function compareValues(a, b) { if (a.value === b.value) return 0; if (sortValue === 'descending') { return isNumber ? b.value - a.value : (a.value > b.value ? -1 : 1); } else { return isNumber ? a.value - b.value : (a.value < b.value ? -1 : 1); } } if (typeof isNumber !== 'boolean') { isNumber = false; } var tbodyNode = this.tableNode.querySelector('tbody'); var rowNodes = []; var dataCells = []; var rowNode = tbodyNode.firstElementChild; var index = 0; while (rowNode) { rowNodes.push(rowNode); var rowCells = rowNode.querySelectorAll('th, td'); var dataCell = rowCells[columnIndex]; var data = {}; data.index = index; if (sortValue !== 'initial') { data.value = dataCell.textContent.toLowerCase().trim(); } else { data.value = rowNode.getAttribute('initial-position').toLowerCase().trim(); } if (isNumber) { data.value = parseFloat(data.value); } dataCells.push(data); rowNode = rowNode.nextElementSibling; index += 1; } dataCells.sort(compareValues); // remove rows while (tbodyNode.firstChild) { tbodyNode.removeChild(tbodyNode.lastChild); } // add sorted rows for (var i = 0; i < dataCells.length; i += 1) { let pos = [dataCells[i].index]; if (sortValue === "initial") { rowNodes[pos].classList.remove("sorted"); } else { rowNodes[pos].classList.add("sorted"); } tbodyNode.appendChild(rowNodes[pos]); } } /* EVENT HANDLERS */ handleClick(event) { var tgt = event.currentTarget; this.setColumnHeaderSort(tgt.getAttribute('data-column-index')); } handleOptionChange(event) { var tgt = event.currentTarget; if (tgt.checked) { this.tableNode.classList.add('show-unsorted-icon'); } else { this.tableNode.classList.remove('show-unsorted-icon'); } }}$(document).ready(function() { load(); });;}());

Subscribe to receive the latest Eurostat Euro indicators releases

FAQs

Production in construction down by 0.9% in the euro area and by 1.0% in the EU? ›

Overview. In May 2024, compared with April 2024, seasonally adjusted production in construction decreased by 0.9% in the euro area

euro area

The euro area, commonly called the eurozone (EZ), is a currency union of 20 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender, and have thus fully implemented EMU policies. Euro area. Austria.

https://en.wikipedia.org › wiki › Eurozone

Eurozone - Wikipedia

and by 1.0% in the EU, according to first estimates from Eurostat, the statistical office of the European Union.

Read The Full Story ›

What is the construction Output of the Euro Area? ›

Construction Output in Euro Area averaged -0.19 percent from 1996 until 2024, reaching an all time high of 44.20 percent in April of 2021 and a record low of -31.20 percent in April of 2020. source: EUROSTAT.

Read On ›

What is the productivity of the Euro Area? ›

Productivity in Euro Area is expected to be 105.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Productivity is projected to trend around 106.00 points in 2025, according to our econometric models.

Read The Full Story ›

What is the construction confidence index for the EU? ›

European Union Construction Confidence Indicator is at a current level of -8.00, up from -8.40 last month and down from -6.70 one year ago. This is a change of N/A from last month.

What is the construction production index? ›

The production index for construction is a business cycle indicator which measures monthly changes in the price adjusted output of construction. The construction production index corresponds to the industrial production index but covers (parts of) NACE section F.

Tell Me More ›

What is the European standard for construction? ›

The European standardisation system related to construction is a comprehensive system of design standards that comprises the EN Eurocodes, along with material and product standards, as well as execution and test standards.

Explore More ›

What is the CPI index for construction? ›

DGS California Construction Cost Index CCCI

Month	2024	2022
January	9680	8151
February	9692	8293
March	9660	8736
April	9688	8903

9 more rows

See Details ›

What is the industrial confidence of the Euro Area? ›

The industry confidence indicator in the Euro Area increased to -9.9 in May 2024 from an upwardly revised -10.4 in April, but slightly worse than forecasts of -9.4. Managers' production expectations deteriorated significantly but were almost balanced by improved assessments of the current level of overall order books.

Discover More ›

What is the US Industrial Production Index today? ›

US Industrial Production Index (I:USIPI)

US Industrial Production Index is at a current level of 103.99, up from 103.33 last month and up from 102.38 one year ago. This is a change of 0.64% from last month and 1.58% from one year ago.

Explore More ›

How is Industrial Production Index measured? ›

On a monthly basis, the individual indexes of industrial production are constructed from two main types of source data: (1) output measured in physical units and (2) data on inputs to the production process, from which output is inferred.

Know More ›

What is the construction Output? ›

Construction output refers to construction work performed by enterprises whose principal activity is classified as construction. Construction work is work on construction, reconstruction, extension, modernisation, repair and maintenance of permanent or temporary buildings and civil engineering works.

Explore More ›

What is the construction Output in France? ›

Construction output in France decreased 5.90 percent in May of 2024 over the same month in the previous year. Construction Output in France averaged 0.15 percent from 1991 until 2024, reaching an all time high of 169.00 percent in April of 2021 and a record low of -63.40 percent in April of 2020. source: INSEE, France.

View Details ›

What is the outlook for the construction sector in the EU? ›

European construction activity remained resilient over 2023 despite the headwinds created by higher financing costs, input cost inflation and labour shortages. We generally expect this resilience to continue into 2024, although the outlook varies by country and sector.

Learn More Now ›

What is the building renovation rate in the EU? ›

Rate of renovation

The current rate of energy-renovation in the EU is 1% annually, and the rate of deep renovation stands at 0.2% overall, far below what is necessary. 13 Therefore, via the Renovation Wave, the European Commission has called for an increase in the deep renovation rate to 2% annually.

Know More ›