Eurozone Bauproduktion

Eurozone construction output declined 0.8% year-on-year in December 2025, reversing an upward revised 1.9% growth in the previous month. The slowdown was mainly driven by further decline in building activity (-3.5% vs -2.6%), along with softer growth in civil engineering (0.4% vs 3.3%) and specialized construction (0.4% vs 1.7%). Among major economies, output declined further in France (-4.5% vs -1.3%) and Spain (-2.8% vs -0.3%), while Germany reversed to a decline (-0.3% vs 1.0%) and the Netherlands grew more slowly (0.6% vs 2.4%). On a monthly basis, construction output fell 1.1% in December, reversing from a revised 1.7% growth in the previous month.