CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

Eurozone construction activity continues to grow in November 2019

Eurozone construction growth remained subdued during November, as a renewed drop in Italian activity almost offset growth in Germany while French construction activity was broadly unchanged.

 

 

Construction input costs continued to rise solidly, but the pace of inflation was the slowest since October 2016.

At the sub-sector level, the only positive contribution came from residential activity, as civil engineering and commercial building firms saw lower activity levels in November. There were some bright spots, however: overall new order growth was the fastest in nine months, whilst workforce numbers increased at a solid pace.

 

Further information:

Markit Eurozone Construction PMI November 2019

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Posted in General Market News

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