Eurozone Construction Output Rebounds in July; increased by 0.8%

September 21, 2023

In July 2023 compared with June 2023, seasonally adjusted production in the construction sector increased by 0.8% in the euro area and by 0.7% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In June 2023, production in construction fell by 1.2% in the euro area and by 1.0% in the EU.

In July 2023 compared with July 2022, production in construction increased by 1.0% in the euro area and by 0.9% in the EU.

Monthly comparison by construction sector and by Member State

In the euro area in July 2023, compared with June 2023, building construction increased by 0.9%, while civil engineering decreased by 0.4%.

In the EU, building construction increased by 0.8%, while civil engineering decreased by 1.7%. Among Member States for which data are available, the highest monthly increases in production in construction were recorded in Hungary (+8.4%), Belgium (+2.9%) and Germany (+2.6%). The largest decreases were observed in Slovenia (-6.5%), Czechia (-3.7%) and Finland (-1.6%).

Annual comparison by construction sector and by Member State

In the euro area in July 2023, compared with July 2022, civil engineering increased by 3.0% and building construction by 0.9%.

In the EU civil engineering increased by 2.8% and building construction by 0.6%. Among Member States for which data are available, the highest annual increases in production in construction
were observed in Slovenia (+17.6%), Romania (+15.8%) and Belgium (+8.2%). Decreases were recorded in Finland (-5.9%), Sweden (-4.7%), Czechia (-2.2%) and Bulgaria (-1.7%).

Source: Eurostat
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