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.