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October 13, 2020

European construction markets on the road to recovery

European construction markets on the road to recovery

The European construction sector was severely affected by the pandemic in April but recovered strongly in most countries in the following months.

According to Eurostat figures in April EU27 construction output slumped by 15% compared to March but made up much of the lost ground in May and June.

The construction sector was hit hardest in April in Italy, down 53%, France, down 43%, and Spain, down 25%. Construction in the UK also fell rapidly in April, down 40%. Although production rebounded in all these countries in the following months, it was still down on the long-term average in July.

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