FX.co ★ Euro Area Construction Activity Expands for 4th Month

In February 2025, construction output within the Euro Area rose modestly by 0.2% compared to the same period the previous year. This marks a continuation of growth, following an upward revision of a 0.1% increase in January, making it four months of consecutive expansion. This growth was driven solely by a boost in specialized construction activities, which increased by 0.7%, up from 0.1% in the prior month. However, this gain was counterbalanced by declines in building construction, which fell by 3.4% (down from a 0.7% increase), and a drop in civil engineering by 2.7% (compared to a previous rise of 0.8%). On a monthly basis, construction output diminished by 0.5%, which is the first setback observed since September of the previous year.