Volume change in construction output in the member states of the European Union, January 2025

Released: 21 March 2025

Construction output volume lessened by 0.2% in the European Union in January 2025, month-on-month, and was 0.2% higher compared to January 2024. As for the latter, based on available working day adjusted data¹, output volume grew in the majority of the member states, in the two most decisive states, France and Germany, however, a setback occurred in regard to construction output. Among the Visegrad countries only Hungary registered a decline (9.6%), growth between 6.5% - 8.5% took place in Czechia, Slovakia and Poland.

According to raw data, construction performance lagged behind the January of the previous year’ value by 9.6%² in January 2025, and surpassed the previous month’s one by 1.6%, based on seasonally and working day adjusted data.

Production declined in both main construction groups, year-on-year, by 8.9% in the construction of buildings and by 10.8% in civil engineering works. (Transport infrastructure elements and complex industrial establishments are part, for example, of the latter). The scale of decrease was 15.9% in the largest weight representing – among the divisions of construction – specialised construction, 0.8% in the construction of buildings, 8.4% in civil engineering. The volume of new contracts concluded fell by 15.8%. The end-of-January stock of contracts volume at construction enterprises was 0.2% lower year-on-year, within it the volume for the construction of buildings was 14.7% lower, that for civil engineering was 14.2% higher.

Based on the Euroconstruct estimate construction performance may increase annually in Hungary by 2.8% in 2025, by 4.3% in 2026. Besides, a larger growth is expected in the Visegrad countries than in the most of the older member states of the European Union, in France, Germany and Italy, however, a decline is expected in 2025, too.