June 29, 2022

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Eurozone February construction output -2.1% vs +0.8% m/m prior

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Latest data released by Eurostat – 19 April 2021

  • Prior +0.8%
  • Construction output -5.8% y/y
  • Prior -1.9%; revised to -2.6%

A bit of lagging indicator as construction activity seems to be weighed down again as tighter restrictions weighed on things in Q1. Civil engineering activity fell by 3.2% and building construction fell by 1.3% in February.
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