Construction · Euro Area

Euro Area Construction Output YoY

The Euro Area Construction Output YoY measures building activity in the Euro Area: housing, commercial buildings and infrastructure.

Importance
Medium
Released
Monthly
Next release
Currency
EUR · euro
Central bank
The European Central Bank

Latest figures

The latest release for AUG, published on 20 October 2026, came in at 1.4%, up from -1.7% the time before (revised).

Over the last 12 releases it ranged from -2.0% to 1.4%, averaging -0.5%.

Nov 2025: -0.3%Dec 2025: 0.5%Jan 2026: -0.8%Feb 2026: -0.9%Mar 2026: -1.9%Apr 2026: -1.9%May 2026: -1.2%Jun 2026: 0.9%Jul 2026: 1.2%Aug 2026: -0.7%Sep 2026: -2%Oct 2026: 1.4% Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
20 Oct 2026AUG1.4%–-1.7% ®
18 Sep 2026JUL-2%–-1.4% ®
20 Aug 2026JUN-0.7%–0.7% ®
20 Jul 2026MAY1.2%–0.2% ®
18 Jun 2026APR0.9%–0.2% ®
21 May 2026MAR-1.2%–-3% ®
20 Apr 2026FEB-1.9%–-4.1% ®
19 Mar 2026JAN-1.9%–0.7% ®
19 Feb 2026DEC-0.9%–-1.4% ®
20 Jan 2026NOV-0.8%–1.9% ®
18 Dec 2025OCT0.5%–-0.3%
20 Nov 2025SEP-0.3%–1% ®

See it in the economic calendar →

Why it matters

Construction is sensitive to interest rates and an early casualty of tighter credit; it also feeds jobs and materials demand.

How it is calculated

Output or spending on construction projects, reported by builders and adjusted for prices and seasons.

What changes mean

  • Falling construction after rate hikes shows policy working.
  • Public infrastructure can offset weak private building.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.

A short history

Construction statistics became standard in the post-war rebuilding era; housing booms and busts, such as 2006–2009, made them closely watched.

Questions

What is the Euro Area Construction Output YoY?

The Euro Area Construction Output YoY measures building activity in the Euro Area: housing, commercial buildings and infrastructure.

What was the latest Euro Area Construction Output YoY?

1.4% for AUG, published on 20 October 2026.

When is the next Euro Area Construction Output YoY?

On Thursday 19 November 2026 at 10:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.