Construction · Italy
Italy Construction Output YoY
The Italy Construction Output YoY measures building activity in Italy: housing, commercial buildings and infrastructure.
- Importance
- Medium
- Released
- Monthly
- Next release
- Currency
- EUR · euro
- Central bank
- The European Central Bank (with the Banca d'Italia)
Latest figures
The latest release for AUG, published on 20 October 2026, came in at -2.2%, down from -0.1% the time before (revised).
Over the last 12 releases it ranged from -2.2% to 5.4%, averaging 1.7%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 20 Oct 2026 | AUG | -2.2% | – | -0.1% ® |
| 18 Sep 2026 | JUN | 0.6% | – | 3.0% ® |
| 18 Sep 2026 | JUL | -1.2% | – | 0.6% |
| 17 Jul 2026 | MAY | 2.9% | – | 3.2% ® |
| 19 Jun 2026 | APR | 2.7% | – | 3.0% ® |
| 20 May 2026 | MAR | -0.2% | – | 0.8% ® |
| 20 Apr 2026 | FEB | 1.4% | – | -0.4% ® |
| 20 Mar 2026 | JAN | -0.6% | – | 5.0% ® |
| 20 Feb 2026 | DEC | 5.4% | – | 2.5% ® |
| 21 Jan 2026 | NOV | 3.2% | – | 7.3% ® |
| 19 Dec 2025 | OCT | 3.4% | – | 5.0% ® |
| 20 Nov 2025 | SEP | 4.4% | – | 3.5% ® |
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 Italy Construction Output YoY?
The Italy Construction Output YoY measures building activity in Italy: housing, commercial buildings and infrastructure.
What was the latest Italy Construction Output YoY?
-2.2% for AUG, published on 20 October 2026.
When is the next Italy Construction Output YoY?
On Friday 20 November 2026 at 09:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.